Keller Williams Realty
Listed by KW Commercial - First in New York, Keller Williams Realty
$5,375,000
Cottage Street Portfolio
Details
APN 330900.031.000-0004-001.220/0000
Property Type Industrial, Mixed Use
Sub Type Warehouse, Distribution
Square Footage 73,000
Units 5
Tenancy Multi
Lease Type Modified
Year Built 1900
Buildings 2
Acreage 2.800
Ground Lease No
Dual-Asset Mixed-Use Campus - Buy Together ($5.375M) or Separately ($2.575M / $2.8M)
Marketing description
WELCOME TO 14-20 COTTAGE STREET. This nearly 44000SF mixed-use, warehouse compound supports all your Industrial/Warehouse/Distribution needs, set on over 1.4 acres with separate entrances and buildings on the site. Enjoy off-street parking and municipal parking adjacent to the buildings. In addition to 3 loading docks with 10' doors, there are 3 drive in bays with roll-up access. Multiple levels offering different options for a user, existing loft spaces, various ceiling heights with several tenants in place for additional income. This unique space can be fitted for an individual user, or stabilized for the investor. Currently there are multiple users, but a large portion of the warehouse space is used by the owner. There are numerous opportunities, especially with the adjoining Clemson Brewery Property (MLS 906495). Combining both parcels could become a major re-development site, with potential retail and market-rate apartments. Additional information is available for more provocative conversations surrounding the possibilities. DMU zoning is in place as well as assumable, taxes reflect IDA incentives and is not transferrable to new ownership; however, new business can apply for new incentive.
Investment highlights
14–20 Cottage Street ($2,800,000) is a 42,392 SF mixed-use warehouse compound on 1.4+ acres, featuring three loading docks, three drive-in bays, multiple existing tenants, and loft spaces with varying ceiling heights. The current owner occupies a significant portion of the warehouse, creating a rare value-add opportunity for an owner-user, repositioning play, or stabilized investor hold.
22 Cottage Street ($2,575,000) is home to Clemson Bros. Brewery, an income-producing craft brewery, restaurant, and entertainment venue housed in a landmark 19th-century building. With four residential apartments and one office, a 7,500 SF outdoor beer garden, and banquet facilities, this asset delivers immediate cash flow and proven demand.
Listing Contacts
Keller Williams Realty
Listed by KW Commercial - First in New York, Keller Williams Realty
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