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4583 North St 7,876 SF 100% Leased Office Building Jamesville, NY 13078 $877,888 CAD ($111.46 CAD/SF) 11.58% Cap Rate
INVESTMENT HIGHLIGHTS
- Quaint office building
- Future owner/operator opportunity
- Currently fully leased - many long-time tenants
EXECUTIVE SUMMARY
An exceptional investment or owner operator opportunity at Grace Court in Jamesville, NY! This suburban office building boasts 7,686 +/- SF on a 1.29 +/- acre parcel, featuring wood construction with cedar siding. With a commercial professional office zoning, this property is fully leased with a variety of office and retail tenants, offering a stable income stream. Benefit from recent renovations to several spaces and convenient features like same-level entry from three parking lots with over 40 spaces. Located at 4583 North Street, Jamesville, NY 13078, this property provides direct access to major roads including Jamesville Road and Rt. 173 I481 Interchange. The surrounding area boasts a strong demographic profile with a population of 86,517 within a 2-mile radius and an average household income of $55,517. Don't miss out on this prime investment or owner user opportunity in a unique commercial area. Contact our exclusive agent Karen Cannata-LaRocca for more details.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
7,876 SF
Building Class
B
Year Built
1980
Price
$877,888 CAD
Price Per SF
$111.46 CAD
Cap Rate
11.58%
NOI
$101,645 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,625 SF
Slab To Slab
14’
Building FAR
0.14
Lot Size
1.29 AC
Zoning
05 - Commercial Professional Office
Parking
30 Spaces (3.81 Spaces per 1,000 SF Leased)
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Black Wolf
- Services
- -
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Black Wolf | Services | - | - | Lorem Ipsum | Jan 0000 |
1 1
PROPERTY TAXES
| Parcel Number | 312689-086-000-0003-004-001-0000 | Total Assessment | $541,111 CAD |
| Land Assessment | $62,213 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $478,898 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
312689-086-000-0003-004-001-0000
Land Assessment
$62,213 CAD
Improvements Assessment
$478,898 CAD
Total Assessment
$541,111 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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4583 North St
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