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    240 North Ave Penn Yan, NY 14527

    For Lease
    Contact for pricing

    Manufacturing and light industrial space available for rent.

    Property size:
    12,300 SF
    Lot size:
    12.77 Acres

    Property Features for 240 North Ave

    General Information

    Size
    12,300 SF
    Lot size
    12.77 Acres

    Source: The Krog Group Agent Peter Krog II

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Space with Loading Docks

    This property offers industrial space suitable for manufacturing and light industrial purposes. The available space includes 8,400 sq ft and 12,300 sq ft options, which can be combined or divided into smaller areas to suit specific needs. The building features an 18’ clear ceiling height and three loading docks. Paved parking is available, and the property benefits from landscaping. The vacant space is available for build-to-suit customization. The property is designed to be energy efficient.
    Location Intelligence

    Current Use by Public Records

    Wine & Beer Supply, ... Brewing Supply Store Yates Transit Service Bus Charter Total Cart Management ... Warehouse Keuka Lake School Preschool

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Penn Yan
    County
    Yates
    State
    New York
    Longitude
    -77.0552245
    Latitude
    42.6714741

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    FAQs

    What type of property is this?
    Manufacturing property - Manufacturing and light industrial space available for rent.
    Where is this manufacturing property located?
    The property is located at 240 North Ave Penn Yan, NY.
    What are key features of this property?
    This property features: - 8,400 - 12,300 sq ft of flexible space that can be combined or divided.; - Suitable for Manufacturing or Light Industrial use.; - Benefit from **18’ Clear Ceiling Height**.
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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
    240 North Ave Penn Yan, NY 14527
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