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Parcel Florist 3052 Route 9 Route Nine

4,600 SF Retail Building Cold Spring, NY 10516 £657,258 (£143/SF) 7.14% Net Initial Yield

Investment Highlights

  • Visibility
  • Open, Column-free Floor Space
  • Adjustable LED Lighting
  • Architectural Character
  • Ample Off-street Parking
  • Heat Pump HVAC

Executive Summary

Great exposure on a prominent north-south corridor. Ample Parking. Modern Mitsubishi Heat Pump HVAC system with 200 square foot temperature controlled Cold Storage room. Adjacent Storage Garage. Polished Aggregate Concrete Floors. Adjustable LED Showroom Lighting.

Financial Summary (Pro forma - 2023)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income £64,787 £14.08

Financial Summary (Pro forma - 2023)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual £64,787
Annual Per SF £14.08

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,600 SF
Building Class
B
Year Built/Renovated
1929/2019
Price
£657,258
Price Per SF
£143
Net Initial Yield
7.14%
NOI
£46,947
Tenancy
Single
Number of Floors
2
Building FAR
0.11
Land Acres
0.96 AC
Zoning
Highway Commercial - Office / Retail
Parking
25 Spaces (5.43 Spaces per 1,000 SF Leased)
Frontage
260 ft on Route 9

Amenities

  • Freeway Visibility
  • Storage Space
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,300 SF
  • Retail
  • Outparcel
  • Jan 2025

Currently the home of Parcel Florist, this freestanding retail building is available for lease with endless potential.

  • 2nd Floor
  • 2,300 SF
  • Retail
  • Outparcel
  • Jan 2025

Currently the home of Parcel Florist, this freestanding retail building is available for lease with endless potential.

Space Size Space Use Position Available
1st Floor 2,300 SF Retail Outparcel Jan 2025
2nd Floor 2,300 SF Retail Outparcel Jan 2025

1st Floor

Size
2,300 SF
Space Use
Retail
Position
Outparcel
Available
Jan 2025

2nd Floor

Size
2,300 SF
Space Use
Retail
Position
Outparcel
Available
Jan 2025

1st Floor

Size 2,300 SF
Space Use Retail
Position Outparcel
Available Jan 2025

Currently the home of Parcel Florist, this freestanding retail building is available for lease with endless potential.

2nd Floor

Size 2,300 SF
Space Use Retail
Position Outparcel
Available Jan 2025

Currently the home of Parcel Florist, this freestanding retail building is available for lease with endless potential.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
372689-027-016-0001-027-000-0000
Land Assessment
£64,239
Improvements Assessment
£86,461
Total Assessment
£150,700
  • Listing ID: 27863252

  • Date on Market: 01/03/2023

  • Last Updated:

  • Address: 3052 Route 9 Route Nine, Cold Spring, NY 10516

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