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    105 Hand Ave Elizabethtown, NY 12932

    Sponsored
    For Sale
    $249,000

    12,416 sq ft, 0.4 acre lot, versatile buildings.

    Property size:
    12,416 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property in Elizabethtown, NY presents a unique investment opportunity. Situated on a 0.4-acre lot in the heart of Essex County, this property boasts two substantial buildings totaling over 12,416 square feet of usable space. One building is currently configured for light manufacturing, while the other functions as a spacious warehouse with convenient garage access. Multiple driveways provide flexible access for loading and unloading, while a large lift and three-phase power (separately metered) enhance operational efficiency. The property is equipped with valuable machinery included in the sale, such as a CNC router, vacuum pump, and inverted pin router. Its versatility makes it suitable for a wide range of uses, including manufacturing, warehousing, logistics, event space, artist studios, retail, technology development, research and development, or even potential residential conversion (subject to local regulations). The strategic location offers unparalleled accessibility, less than two hours from Montreal, Albany, and Burlington, Vermont, providing excellent connectivity to major transportation routes and a vibrant regional economy. This is a rare opportunity to acquire a substantial property in a picturesque setting with significant growth potential. The asking price is $249,000.

    Property Features for 105 Hand Ave

    General Information

    Property type
    Investment properties
    Square Feet
    12,416 SF
    Lot Size
    17,424 SF

    Building Details

    Year Built
    1955
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Hair Salon Wholesale Shop Dental Office Nail Salon Pharmacy Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elizabethtown
    County
    Essex
    State
    New York
    Longitude
    -73.59202
    Latitude
    44.21409

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Investment property - 12,416 sq ft, 0.4 acre lot, versatile buildings.
    Where is this investment property located?
    The property is located at 105 Hand Ave Elizabethtown, NY.
    What is the asking price?
    The asking price for this property is $249,000.
    (518) 523-2550
    Request Owner's contact information
    105 Hand Ave Elizabethtown, NY 12932
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 Hand Ave Elizabethtown, NY 12932
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