The property consists of connected building sections totaling approximately 4,399 square feet and is configured into five individual suites, creating a multi-tenant commercial property with the potential for multiple income streams. The building has been meticulously maintained with numerous updates throughout, reflecting careful ownership and pride of maintenance. Currently approximately 60% occupied, the property offers immediate income with additional value-add potential through leasing the remaining suites. This provides investors with the opportunity to increase cash flow over time while benefiting from an already established tenant base. Strategically located along N. Seneca Street (NY-34) in the Village of Weedsport, the property benefits from excellent visibility and convenient access near the intersection of NY-34 and NY-31. The location offers quick connectivity to the New York State Thruway (I-90 Exit 40) and sits within a well-established commercial corridor serving the surrounding Cayuga County communities and travelers passing through Central New York. The layout also presents owner-occupant potential, allowing a business owner to utilize one of the suites while generating additional rental income from the remaining spaces.
Description: The property consists of connected building sections totaling approximately 4, 399 square feet and is configured into five individual suites, creating a multi-tenant commercial property with the potential for multiple income streams. The building has been meticulously maintained with numerous updates throughout, reflecting careful ownership and pride of maintenance. Currently approximately 60% occupied, the property offers immediate income with additional value-add potential through leasing the remaining suites. This provides investors with the opportunity to increase cash flow over time while benefiting from an already established tenant base. Strategically located along N. Seneca Street (NY-34) in the Village of Weedsport, the property benefits from excellent visibility and convenient access near the intersection of NY-34 and NY-31. The location offers quick connectivity to the New York State Thruway (I-90 Exit 40) and sits within a well-established commercial corridor serving the surrounding Cayuga County communities and travelers passing through Central New York. The layout also presents owner-occupant potential, allowing a business owner to utilize one of the suites while generating additional rental income from the remaining spaces.
Roof: Membrane, Rubber, Shingle
StateOrProvince: NY
Stories: 1
Street Prefix: N
Street Name: Seneca
Street Number: 8914
Street Number Numeric: 8914
Street Suffix: Street
Total Taxes: 6494
Assessed Value: 152200
Town: Weedsport-Village
Utilities: SewerConnected, WaterConnected
Water Source: Public
Year Built: 1941
YearBuiltDetails: Existing
Zoning: C
Zoning Description: Commercial
Amenities and Features
Other Features
Has Heating System
Map
Courtesy Of : Acropolis Realty Group LLC
315-396-0493
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