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31579218
31579241

5 Alva Pl, Batavia, NY 14020

BO
10401375455
Small City Real Estate
Listed by Small City Real Estate
$399,000
56 days on market
Updated 56 days ago

5 Alva Place

Details
Property Type Office
Sub Type Medical Office
Square Footage 2,100
Cap Rate 6.32%
NOI $25,200
Occupancy 100%
Tenancy Single
Brand/Tenant MVPT
Lease Type Net
Pro-Forma Cap Rate 6.32%
Pro-Forma NOI $25,200
Price per SqFt $190
Investment Type Net Lease

Office | 6.32% CAP | 2,100 SqFt

Marketing description

Secure a stable footprint in Batavia's thriving professional corridor. Located at 5 Alva Place, this well-maintained office building offers an ideal layout for medical, dental, or high-end professional services. Situated just steps from the downtown core and major local amenities, it provides the perfect balance of accessibility and professional privacy.

Investment highlights

Established Medical Use: Currently optimized for physical therapy with spacious treatment areas and a welcoming reception.

Prime Accessibility: Located on Alva Place with dedicated parking and easy ingress/egress for patients and clients.

Versatile Zoning: Flexible floor plan suitable for a variety of professional office configurations.

Strategic Location: Directly adjacent to Batavia’s central business district, offering high visibility for professional signage.

This is a rare opportunity to own a turnkey professional building in a high-demand area. Perfect for an owner-occupant or a savvy investor looking for a stabilized asset.

Listing Contacts

BO
10401375455
Small City Real Estate
Listed by Small City Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$25,200.00
$2,100.00/mo

Valuation Metrics

0
DSCR
6.32%
Cap Rate
6.32%
ROI

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