

132 1/2 Albany St
Stable 3 Tenant Turnkey Investment Opportunity
Marketing description
132 1/2 Albany Street | Cazenovia, NY Multi-Tenant Commercial Investment | Stable Income | Value-Add Upside
Presenting a well-maintained, multi-tenant commercial property in the heart of Cazenovia, New York — a charming, high-demand village with strong economic fundamentals and a loyal business community.
This three-tenant income-producing asset offers investors exceptional stability, with long-term occupancy dating back to 2010 across all three tenants. Two of the three leases extend through 2027 and 2028, providing immediate cash flow security and meaningful lease term remaining at acquisition.
The property has been recently improved with a fully renovated front entry, including new concrete flatwork and updated railings — enhancing curb appeal and reducing near-term capital expenditure requirements. The building presents in solid condition and reflects pride of ownership throughout.
Investment Highlights:
- 3 established tenants, all in occupancy since 2010
- Two leases with terms extending to 2027 and 2028
- Recently renovated front entry with new concrete and railings
- Value-add opportunity through interior suite upgrades
- Additional upside potential via vending contract optimization
- Located in desirable Cazenovia, NY — a stable, supply-constrained market
- Additional parcel that is vacant has a separate tax ID number to some effect, allows for easy entry to lot.
This offering is ideal for the investor seeking a reliable income stream with a clear path to increased returns through light interior improvements and operational enhancements. Cazenovia's limited commercial inventory and strong tenant retention make this a compelling long-term hold.
All financial information available upon execution of a Confidentiality Agreement. Do not disturb tenants. All inquiries to be directed to the listing broker.
Investment highlights
132 1/2 Albany Street | Cazenovia, NY Multi-Tenant Commercial Investment | Stable Income | Value-Add Upside
Presenting a well-maintained, multi-tenant commercial property in the heart of Cazenovia, New York — a charming, high-demand village with strong economic fundamentals and a loyal business community.
This three-tenant income-producing asset offers investors exceptional stability, with long-term occupancy dating back to 2010 across all three tenants. Two of the three leases extend through 2027 and 2028, providing immediate cash flow security and meaningful lease term remaining at acquisition.
The property has been recently improved with a fully renovated front entry, including new concrete flatwork and updated railings — enhancing curb appeal and reducing near-term capital expenditure requirements. The building presents in solid condition and reflects pride of ownership throughout.
Investment Highlights:
- 3 established tenants, all in occupancy since 2010
- Two leases with terms extending to 2027 and 2028
- Recently renovated front entry with new concrete and railings
- Value-add opportunity through interior suite upgrades
- Additional upside potential via vending contract optimization
- Located in desirable Cazenovia, NY — a stable, supply-constrained market
This offering is ideal for the investor seeking a reliable income stream with a clear path to increased returns through light interior improvements and operational enhancements. Cazenovia's limited commercial inventory and strong tenant retention make this a compelling long-term hold.
All financial information available upon execution of a Confidentiality Agreement. Do not disturb tenants. All inquiries to be directed to the listing broker.
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