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Empire Welding 1234 NY-215 6,560 SF 100% Leased Industrial Building Cortland, NY 13045 $1,231,056 CAD ($187.66 CAD/SF)
Investment Highlights
- A unique, turn-key investment with three income-generating opportunities.
- Three steel buildings, 75 fully rented units, earning approx. $65,000/year.
- Reputable, fully equipped business with optional training for new ownership.
- Established rental business with steady $10,000/year gross income.
Executive Summary
This unique 3+ acre property in the heart of Virgil, NY, offers three distinct and profitable revenue streams, presenting an excellent turn-key investment opportunity.
1. **Empire Welding (44-Year Established Business):** A highly successful and reputable welding operation, including all essential equipment and machinery. The current owner is committed to ensuring a smooth transition and is open to providing training to the new owner if desired.
2. **Self-Storage Facility:** Three steel buildings comprising 75 fully rented storage units, generating a gross annual income of $65,000.
3. **U-Haul Rental Dealership:** An established U-Haul truck rental business with a consistent gross annual income of $10,000.
1. **Empire Welding (44-Year Established Business):** A highly successful and reputable welding operation, including all essential equipment and machinery. The current owner is committed to ensuring a smooth transition and is open to providing training to the new owner if desired.
2. **Self-Storage Facility:** Three steel buildings comprising 75 fully rented storage units, generating a gross annual income of $65,000.
3. **U-Haul Rental Dealership:** An established U-Haul truck rental business with a consistent gross annual income of $10,000.
Property Facts
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Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 114600-126-014-0002-037-000-0000 | Improvements Assessment | $560,749 CAD |
| Land Assessment | $45,133 CAD | Total Assessment | $605,882 CAD |
Property Taxes
Parcel Number
114600-126-014-0002-037-000-0000
Land Assessment
$45,133 CAD
Improvements Assessment
$560,749 CAD
Total Assessment
$605,882 CAD
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Empire Welding | 1234 NY-215
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