161 E Main St 28,000 SF 100% Leased Office Building Port Jervis, NY 12771 £4,899,570 (£174.98/SF)
INVESTMENT HIGHLIGHTS
- Great commercial opportunity
- Elevator
- Self Contained HVAC in each suite
EXECUTIVE SUMMARY
Great commercial opportunity. This building was constructed in 2009 as a medical center. There are 3 floors containing 3 different medical suites plus two vacant spaces that remain to be built out. One space measures approximately 2,600 sq ft and the other measures approximately 4,200 sq ft. Each suite is self-contained with its own HVAC system. The building is serviced by an elevator and features two parking lots to accommodate patients and staff. According to the Port Jervis zoning code, it is zoned Designated Neighborhood Mix Use District. A copy of the zoning is included in the documents. It is located minutes to the train station that goes to NYC as well as in proximity to Pennsylvania and New Jersey borders. This building offers an excellent investment opportunity.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
28,000 SF
Building Class
B
Year Built
1995
Price
£4,899,570
Price Per SF
£174.98
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
9,333 SF
Building FAR
0.62
Lot Size
1.04 AC
Opportunity Zone
Yes
Zoning
NMU
Parking
25 Spaces (0.89 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 331300-014-000-0004-015.200-0000 | Improvements Assessment | £821,827 |
| Land Assessment | £73,663 | Total Assessment | £895,491 |
