bedrooms
0
bathrooms
2
square feet
13,000
Acreage
1.8
Open Houses
-
year built
1965
Full Baths
0
Half Baths
2
EXCELLENT CASH FLOW! Stand-alone retail store Investment Opportunity. Same regional hardware chain tenant since 2009, lease renewed thru 12/2028. Located on Main Street next to popular regional convenience store. 13,000 sq.ft. store and 2800 sq.ft. storage building on 1.8+ acres, with 195ft frontage on Main St. (US Rt 20) Richfield Springs. Frame and block construction (1960, enlarged and remodeled 1996), shingle roof, metal siding. Oil hot water radiant heat, fully sprinklered (dry system with compressor, 200A electrical service, municipal water/sewer, paved entry & parking area. Interior includes store sales area, receiving /storage area, repair shop equipment area, bathrooms, kitchen and mechanical room. Storage building is of pole construction (Morton 1992) with metal roof/siding, gravel/stone dust floor. Tennant pays property taxes, utilities, snow removal, routine maintenance of building, lot and outdoor area. Tenant provided upgrades include: paving, air-conditioning, lighting & flooring. Lease has 4 additional 5-yr renewal options. Landlord responsible for building structure, sprinkler system, monitoring system for sprinkler. (Offers are subject to 30 day Right of First Refusal). NOTICE TO INTERESTED PARTIES: The hardware store management and employees are NOT parties to information regarding this offer of real estate for sale. Direct all inquiries about this property to the listing Real Estate Broker Bruce Ward.
Location | |
Subdivision | - |
County | Otsego |
Elementary School | - |
Middle School | - |
High School | - |
Open houses
None scheduled.
Find out more
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MLS number: 11338752
Listing agent:
K Bruce Ward
Listing broker:
Bruce Ward & Company
(315) 866-2002
Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, January 1 2025 at 5:03 a.m. EST
Kotohomes National