Warehouse with Long-Term
For Sale
$299,900
1969 Ridge Rd, Champlain, NY 12919
Warehouse sale with a long-term tenant covering owner maintenance fees for ongoing operational cost support.
Property SizeContact for details
Days on Market759
Property Features for 1969 Ridge Rd
General Information
Standard status
Active
Listing Agency:
Castine Properties
(518) 578-4023
Listed By:
Andrew Castine
(518) 578-4023
Source:
Exprealty
Added: Jul 15, 2024
Changed: Jul 10
Last Checked: Aug 11 at 12:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Castine Properties
Investment Insights
Based on property information with market context.
This offering is for a warehouse property with an existing long-term tenant in place. The tenant pays the owner maintenance fees, providing a direct contribution toward ongoing building upkeep while the space remains occupied. Additional details regarding layout, size, and specific improvements are not provided with the information available here.
The property is located at 1969 Ridge Rd in Champlain, NY. An abutting parcel exists but is not included in this sale; that adjacent parcel is available for purchase separately. Buyer should factor this boundary into any intended site plan or expansion needs.
For investors or owner-operators looking for an income-bearing warehouse, the current tenant’s payment of owner maintenance fees is a key consideration. Because the adjacent parcel is excluded from the transaction but available separately, there may be an option to pursue additional land area depending on the buyer’s requirements. Interested parties should confirm all terms of occupancy, maintenance-fee arrangements, and what is included with the sale during due diligence.
The property is located at 1969 Ridge Rd in Champlain, NY. An abutting parcel exists but is not included in this sale; that adjacent parcel is available for purchase separately. Buyer should factor this boundary into any intended site plan or expansion needs.
For investors or owner-operators looking for an income-bearing warehouse, the current tenant’s payment of owner maintenance fees is a key consideration. Because the adjacent parcel is excluded from the transaction but available separately, there may be an option to pursue additional land area depending on the buyer’s requirements. Interested parties should confirm all terms of occupancy, maintenance-fee arrangements, and what is included with the sale during due diligence.
Key Highlights
- Long‑term tenant pays the owner’s maintenance fees.
- Abutting parcel is not included in the sale but is available for purchase.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
98
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12919, NY
3,011
Population
1,262
Households
2.4
Avg Household Size
43
Median Age
24%
College-Educated
89%
High-School Grad
37.4 sq mi
ZIP Area
81
Density / Sq Mi
$77,072
Median Household Income
$40,457
Median Earnings
$1,032
Median Rent
$170,800
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse sale with a long-term tenant covering owner maintenance fees for ongoing operational cost support.
Where is this warehouse located?
The property is located at 1969 Ridge Rd Champlain, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Long‑term tenant pays the owner’s maintenance fees.; Abutting parcel is not included in the sale but is available for purchase.
