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Flex Space with Loading Dock Conveyor
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430 Catherine St, Utica, NY 13501

A 6,400 SF flex building with 3,200 SF upstairs office space and 3,200 SF basement warehouse space plus ample parking.

Property Size6,400 SF
Price / SF$76.55
Days on Market177

Property Features for 430 Catherine St

General Information

Standard status Active
Size 6,400 SF
Property subtype OFFICE

Warehouse & Industrial

Warehouse Space 3,200 SF
Office Build-Out 3,200 SF
Dock-High Doors 1

Amenities

private offices
conference rooms
break room

Building Details

Building Size 6,400 SF
Listing Agency: Cushman & Wakefield | Pyramid Brokerage - Utica
Listed By: Nicholas Cignarale
Source: Moodyscre
Added: Feb 9 Changed: Jul 30 Last Checked: Aug 5 at 12:05PM

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 Cushman & Wakefield | Pyramid Brokerage - Utica

Investment Insights

Based on property information with market context.

This flex space offers 6,400 SF of mixed-use layout with 3,200 SF upstairs office space and 3,200 SF basement warehouse space. The warehouse level is served by one loading dock with a conveyor belt that transfers to the basement for warehousing.

The upstairs office area includes numerous private offices, large conference rooms, and a break room. The property is presented with great visibility, easy access, and ample parking, supporting both day-to-day operations and customer or employee visits.

With the office and warehouse functions built into one structure, the space is well suited for users who need controlled work areas above and practical warehousing below, with loading support via the dock-to-conveyor setup.

Key Highlights

  • 6,400 SF flex building with 3,200 SF upstairs office and 3,200 SF basement warehouse
  • One loading dock with conveyor belt to the basement for warehousing
  • Upstairs office area includes numerous private offices

Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $60.7k $9.48
− Vacancy −$4.1k −$0.64
EGI $56.5k $8.84
− OpEx −$17.0k −$2.65
NOI $39.6k $6.18
6,400 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Office B
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,640 @ 7.0% cap · market cap 16.46%
Second Best
Flex RnD
$690.3K
$604.0K – $805.4K (±1% cap)
NOI $48,323 @ 7.0% cap · market cap 9.86%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,057 @ 7.0% cap · market cap 24.10%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Hygeia of New York ... Environment Office

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Catering Service (Bike/Boat/Book/etc) Store Veterinary 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.

Lease Details

1
Dock-high doors

Location Intelligence

Trade Area within ½ mile

1,251
Businesses Nearby
Under-served
Demand for This Use

Demographics for 13501, NY

40,885
Population
17,071
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
78%
High-School Grad
8.8 sq mi
ZIP Area
4,646
Density / Sq Mi
$49,771
Median Household Income
$33,632
Median Earnings
$865
Median Rent
$136,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Maryam’s Kitchens 1105 Park Ave, Utica, NY 13501

Frequently Asked Questions

What type of property is this?
Flex space - A 6,400 SF flex building with 3,200 SF upstairs office space and 3,200 SF basement warehouse space plus ample parking.
Where is this flex space located?
The property is located at 430 Catherine St Utica, NY.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: 6,400 SF flex building with 3,200 SF upstairs office and 3,200 SF basement warehouse; One loading dock with conveyor belt to the basement for warehousing; Upstairs office area includes numerous private offices
(315) 617-2662 Call to check price and availability
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