Building Details

Year Built 1955

Buildings 1

Stories 1

Listing Agency: KW Platform c***@iwinskiproperties.com Show Phone

Listed By: Christopher Iwinski · License #10401237144 Show Phone

Source: Capmarkrealty

Added: Jul 24 Changed: Aug 30 Last Checked: Aug 30 at 1:29PM

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Investment Insights

Based on property information with market context.

This flex space provides a functional commercial setting with a substantial work area, private office, and two bathrooms. The building includes two 14-foot overhead doors, 440 electrical service, WiFi, and a security system. Recent improvements include a new gas furnace, new windows, and a new roof.

Exterior parking and yard space support truck, trailer, vehicle, and equipment maneuvering. The property is zoned Industrial and was built in 1955, with a configuration suited to contractor, service business, and light industrial operations.

Key Highlights

• Two 14‑foot overhead doors provide equipment and vehicle access
• 440 electrical service
• Private office and two bathrooms

Property Analytics

Property Profile

Current Use

J. Gibbons Sealcoating General Contractor Clark Myers Paving ... General Contractor

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Building Supply HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$3.23 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

161

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 12302, NY

27,618

Population

12,406

Households

2.2

Avg Household Size

45

Median Age

42%

College-Educated

95%

High-School Grad

43.3 sq mi

ZIP Area

638

Density / Sq Mi

$94,156

Median Household Income

$55,305

Median Earnings

$1,207

Median Rent

$240,700

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Industrial-zoned flex space with work area, private office, bathrooms, and exterior yard space for vehicles and equipment.

Where is this flex space located?

The property is located at 16 Market Street Scotia, NY.

What is the lease rate?

The lease rate is $2,500/Mo.

What are key features of this property?

This property features: Two 14‑foot overhead doors provide equipment and vehicle access; 440 electrical service; Private office and two bathrooms