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True Value 10 Wallace St 9,696 SF Retail Building Otisville, NY 10963 $1,115,340 CAD ($115.03 CAD/SF)
INVESTMENT HIGHLIGHTS
- Additional Land and buildings available
- Upside Potential
- Very Profitable business
EXECUTIVE SUMMARY
Profitable hardware store and assemblage of buildings in the heart of Otisville, which is a growing area of the County. The real estate is being sold, which is now an existing hardware store operating as Otisville Hardware and presently has franchises of True Value, Do it Best and Benjamin Moore. Inventory is not included nor are franchises. Financials available upon request. Solar on roof which cost $110,000 is fully paid and included in sale. The main store is 7,296 sf with an accessory warehouse next door of 2,400 sf. Another option is to purchase the business and lease the main store and warehouse. Seller would consider a 1-2 year leaseback and or stay on for a transition period. There is also a two family residential income producing property at 5 Wallace Street, which is not included but could be added on for a price. This is a great opportunity for someone looking to run a small successful business or a long term real estate investment.
TAXES & OPERATING EXPENSES (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
9,696 SF
Building Class
C
Year Built
1978
Price
$1,115,340 CAD
Price Per SF
$115.03 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.97
Lot Size
0.23 AC
Zoning
C-1 - Commercial
Frontage
63’ on Wallace St
1 of 24
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True Value | 10 Wallace St
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