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8446 Millpond Way/ Factory Street 8446 Mill Pond way 3,896 SF 100% Leased Office Building Blossvale, NY 13308 $277,915 CAD ($71.33 CAD/SF) 14% Cap Rate
Executive Summary
This property has been a staple of the McConnellsville and surrounding communities as a very successful mini mart, gas station and food market for 40+ yrs. Most recently this has been used as corporate office for a fuel distribution company. Currently this 3896 square feet building offers generous office space on the second floor and flexible retail space on ground level. This is a great opportunity for investors, or business owners to set up shop in a centrally located, high traffic and visible area located directly off of NYS RT 13. This property is ready for the next chapter. Very adaptable commercial space.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,896 SF
Building Class
C
Year Built
1972
Price
$277,915 CAD
Price Per SF
$71.33 CAD
Cap Rate
14%
NOI
$38,908 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,948 SF
Building FAR
0.13
Lot Size
0.70 AC
Zoning
C - General Commercial
Parking
20 Spaces (5.13 Spaces per 1,000 SF Leased)
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Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 183-003-0001-045-000-0000 | Improvements Assessment | $125,396 CAD |
| Land Assessment | $12,402 CAD | Total Assessment | $137,798 CAD |
Property Taxes
Parcel Number
183-003-0001-045-000-0000
Land Assessment
$12,402 CAD
Improvements Assessment
$125,396 CAD
Total Assessment
$137,798 CAD
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8446 Millpond Way/ Factory Street | 8446 Mill Pond way
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