934 Lackawanna Ave.
Turnkey CNC Machining Business and Real Estate
Listing Contacts
License: NY 10401384688
Active
Asking Price: $1,300,000
Address
934 Lackawanna Ave, Horseheads, NY 14845
Show on MapDate Added
Dec 3, 2024
Days on Market
198 days
Time Since Last Update
46 days
Details
Property TypeBusiness for Sale, Industrial
SubtypeBusiness and Building
ClassB
Square Footage8,400
Occupancy100%
NOI$160,000
Units1
Year Built1974
Buildings1
Stories2
ZoningCommercial
Lot Size (acres)0.39
Parking (spaces)10
Broker Co-OpYes
Loading Docks1
INTELLIGENCEMarketing Description
Well-respected and profitable CNC machining business, building, and real estate in Horseheads, NY
Investment Highlights
• Established CNC Manufacturing business with customers in the defense and healthcare industries
• 8,400 SF facility with modern equipment recently valued at $425,000
• Very high-traffic location with interstate (31,000 AADT) and airport nearby
• Excellent financials with consistent revenue and potential for additional growth
• Major equipment can be run automatically 24/7
• Owner will assist with transition, training, and customer introductions
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
> $160,000.00
$13,333.33/mo
Valuation Metrics
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0
DSCR
12.31%
Cap Rate
12.31%
ROI
Due Diligence
Listing Contacts
- License: NY 10401384688
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Additional Information
Additional Information
Broker Name
Michael Barry
Broker License
NY 10401384688
Brokerage Name
Pyramid Brokerage
Broker Title
Real Estate Salesperson
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