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North Main Plaza | 50yr Operating History 162 N Main St

8,879 SF 100% Leased Retail Building Florida, NY 10921 $3,560,685 CAD ($401 CAD/SF) 6% Cap Rate

Mixed Use Properties New York Florida 162 N Main St, Florida, NY 10921

Investment Highlights

  • 50 Year Operating History | Long-Standing Tenants | Fee Simple Ownership | Available With Neighboring Center
  • Surrounded by Major Traffic Generators
  • Six-Figure Incomes within a 3-Mile Radius
  • Signalized, Hard Corner Intersection | Surrounding Tenants | Primary Thoroughfare | Recently Completed Major Renovations
  • Recently Completed Major Renovations:

Executive Summary

• Opportunity to acquire North Main Plaza, a retail strip that has been serving the city of Florida for nearly 50 years
• Seller is willing to negotiate the sale of North Main Plaza and Meadow Shopping Center as a package deal (speak with agent for more details)
• The offering includes commercial suites as well as residential units
• Investor benefits from fee simple ownership of the building and land

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,879 SF
Building Class
C
Year Built
1975
Price
$3,560,685 CAD
Price Per SF
$401 CAD
Cap Rate
6%
NOI
$213,662 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.41
Land Acres
0.50 AC
Zoning
GC - General Commercial
Parking
18 Spaces (2.03 Spaces per 1,000 SF Leased)
Frontage
107 ft on N Main

Amenities

  • Corner Lot
  • Signage
  • Signalized Intersection

Links

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PROPERTY TAXES

Parcel Number 335401-102-000-0001-003.000-0000 Improvements Assessment $104,207 CAD
Land Assessment $25,702 CAD Total Assessment $129,909 CAD

PROPERTY TAXES

Parcel Number
335401-102-000-0001-003.000-0000
Land Assessment
$25,702 CAD
Improvements Assessment
$104,207 CAD
Total Assessment
$129,909 CAD
(929) 229-2614

  • Listing ID: 28618679

  • Date on Market: 2023-05-31

  • Last Updated:

  • Address: 162 N Main St, Florida, NY 10921

The Retail Property at 162 N Main St, Florida, NY 10921 is currently available For Sale. Contact SRS Real Estate Partners for more information.

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North Main Plaza | 50yr Operating History | 162 N Main St
(929) 229-2614 x

North Main Plaza | 50yr Operating History | 162 N Main St

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Britt Raymond

(929) 229-2614

(929) 229-2614

Kyle Fant

(973) 632-1386

(973) 632-1386

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