11650 Genesee St., Alden, NY 14004
For Sale, 16,685 SF Industrial - ideal for Investor or Owner User - Prime Corner
Marketing description
So many options available.
Owner/Occupant - you can occupy as little as 6,885 SF and collect rental income on remaining 10,000 SF OR you can occupy entire 16,885 SF.
Investor/Owner - have two (2) quality tenants (one a national retailer) ready to sign new leases based on a 5 & 7 year term.
Owner Financing - With $400,000 down pay't, Owner will hold 1st mortgage at favorable terms resulting in substantial savings and fast transaction speed for 1031 exchanges
Value-add development potential on prime, busy +/- 2.25acre, CORNER LOT, zoned industrial. Ideal development opportunities for user wanting terrific exposure or future self-
storage development.
Building features HARD TO FIND 480-277V, 3-phase power - bldg. has (3) separate gas & electric meters. NEW ROOF (2022)/ large drive-in doors and (1) truck-dock with power
leveler, crane rails in part of bldg. and much more.
Whatever your needs this property can accommodate. Call to discuss the many options available.
Investment highlights
For Investor - prior to closing - Two (2) quality tenants (one a national retailer) are ready, willing and able to sign new leases for 5 & 7 yr. lease terms creating 100% occupancy,
OR
New Owner/occupant can select tenant of choice to secure rental income and offset mortgage costs.
New owner can use their own lease document and approve all terms and conditions.
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