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1409 Milton Ave

4,226 SF 100% Leased Retail Building Solvay, NY 13209 $637,720 CAD ($151 CAD/SF) 6.67% Cap Rate

Executive Summary

Amazing Opportunity To Own A Completely Turn Key Mix Use In Prime Solvay Business District! This Totally Remolded Building Has Everything! Large 1800 Sq Ft Store Front With Nice Laminate Floors! New Doors And Windows! Security System! Amazing Parking Lot! In Rear! Perfect For Any Business! 3 Nice Size All Remodeled Apartments With In Unit Laundry On 2nd And 3rd Floor! 2 Two Bedrooms And 1 One Bedroom! Solvay Electric! Close To Everything! Apartments Will Cover Majority Of A Mortgage!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,226 SF
Building Class
C
Year Built
1960
Price
$637,720 CAD
Price Per SF
$151 CAD
Cap Rate
6.67%
NOI
$42,516 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.65
Land Acres
0.15 AC
Zoning
06 - INDUS
Parking
4 Spaces (0.95 Spaces per 1,000 SF Leased)
Frontage
38 ft on Milton Ave

Amenities

  • Bus Line
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
313201-010-000-0008-005-000-0000
Land Assessment
$21,275 CAD
Improvements Assessment
$153,432 CAD
Total Assessment
$174,707 CAD
  • Listing ID: 32569163

  • Date on Market: 2024-07-24

  • Last Updated:

  • Address: 1409 Milton Ave, Solvay, NY 13209

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