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Versatile Income-Producing Commercial Property

241-243 Erie Street, Waverly, NY 14892

For Sale
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Mixed-use property with warehouses, offices, kitchen, and flexible rental options.

Property Size12,865 SF
Price / SF$65.99
Days on Market274

Property Features for 241-243 Erie Street

General Information

Standard status Active
Size 12,865 SF
Property subtype Special Purpose

Building Details

Year Built 1950
Listing Agency: Coldwell Banker Preferred Properties Sayre
Listed By: Tiffany Glielmi · License NY RS356243
Source: Crexi
Added: Feb 12 Changed: Oct 26 Last Checked: Nov 12 at 5:45AM

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 Coldwell Banker Preferred Properties Sayre

Rey
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Investment Insights

Based on property information with market context.

This income-producing property includes multiple insulated warehouses, garage units, office suites, and a commercial kitchen. The property offers flexibility for investors or owner-users. Improvements include LP radiant heat throughout most buildings, with backup heat in offices and restrooms. Multiple overhead doors range in size from 7'x7' to 16'x20'. Man-door access and a concrete loading apron are present. RV hookups are available. Ceiling heights vary up to 16'. A 30'x30' commercial kitchen and prep room is on site. Heated office spaces include restrooms, storage areas, and lobby space. Several units are rented on month-to-month or short-term leases. Some utilities are tenant-paid. Additional vacant or owner-occupied space allows for upside, repositioning, or owner occupancy. The property is suitable for contractors, storage, light industrial, food production, or mixed commercial use. The property size is 12865 square feet.

Key Highlights

  • Income‑producing property featuring warehouses, garage units, office suites, and a commercial kitchen.
  • Exceptional flexibility for investors or owner‑users due to diverse unit types.
  • Multiple overhead doors (ranging from 7'x7' to 16'x20') and concrete loading apron.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Electrical Service HVAC Service Accounting Firm Skin Care Clinic Garden Center

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

Location Intelligence

Trade Area within ½ mile

435
Businesses Nearby
Under-served
Demand for This Use

Demographics for 14892, NY

7,949
Population
3,887
Households
2
Avg Household Size
43
Median Age
18%
College-Educated
92%
High-School Grad
42.2 sq mi
ZIP Area
188
Density / Sq Mi
$52,143
Median Household Income
$41,639
Median Earnings
$911
Median Rent
$139,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Flex space - Mixed-use property with warehouses, offices, kitchen, and flexible rental options.
Where is this flex space located?
The property is located at 241-243 Erie Street Waverly, NY.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Income‑producing property featuring warehouses, garage units, office suites, and a commercial kitchen.; Exceptional flexibility for investors or owner‑users due to diverse unit types.; Multiple overhead doors (ranging from 7'x7' to 16'x20') and concrete loading apron.
(607) 725-1244 · Office Call to check price and availability
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