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$340,000

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3,722 SqFt

Active

3235 State ST Caledonia, NY 14423

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Abby M. Russell

abby@russellsolutionsre.com +1(607) 846-0456

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,722 sqft

Price per Sqft $91

MLS Listing ID R1677342

Construction Status Existing

HOA Y/N No

Year Built 1965

Annual Tax Amount $4,913

Lot Size 0.960 Acres

Acres 0.96

Lot Dimensions 195X214

Property Sub-Type Commercial

Property Description

Turnkey commercial investment opportunity in a high-visibility Caledonia location offering strong cash flow, long-term lease stability, and future flexibility. This unique property includes two separate commercial buildings with established tenants already in place under newly structured long-term NNN leases. The property generates $42,000 in gross annual rent with one tenant secured under a new 3-year lease with renewal options, and the second tenant committed to a new 5-year lease with additional renewal options in place. With minimal landlord responsibilities under the NNN lease structure, this property delivers an impressive 12.4% cap rate at the $340,000 list price. Automotive zoning adds tremendous long-term value by allowing for a wide range of future business uses if an investor ever chooses to reposition the property. A large parking lot supports steady customer traffic for both businesses, while the village location provides excellent exposure and consistent drive-by visibility. Seller financing available with $100,000 down, creating a rare opportunity to acquire a high-performing commercial asset with flexible financing terms and immediate income from day one.

Location

State NY

County Livingston

Area Caledonia-Village-242201

Zoning Auto

Interior

Heating Heat Pump, Other, See Remarks, Zoned

Cooling Heat Pump, Zoned

Flooring Concrete

Inclusions Land and Building

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt

Total Parking Spaces 18

Building

Lot Description Irregular Lot

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Construction Status Existing

Schools

School District Caledonia-Mumford

Others

Tax ID 242201-008-009-0002-059-000-0000

Acceptable Financing Cash, Owner Will Carry

Listing Terms Cash, Owner Will Carry

Special Listing Condition Standard

Listed by RE/MAX Titanium LLC

NEARBY SCHOOL & BUSINESS

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Abby M. Russell

Licensed Associate Broker | License ID: 1030121086

+1(607) 846-0456

3235 State ST Caledonia, NY 14423

Abby M. Russell

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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3235 State ST