Corporate Flex Campus with
4493 WALDEN AVE Lancaster, NY 14086
For Sale
Contact for pricing
Multi-building flex campus includes a class A office building, light industrial space, storage pole barn, and an on-site restaurant.
Property Size35,216 SF
Price / SF$105.07
Days on Market20
Property Features for 4493 WALDEN AVE
General Information
- Standard status
- Active
- Size
- 35,216 SF
- Property subtype
- Office, Industrial, Mixed Use
Building Details
- Year Built
- 1994
Listing Agency:
HUNT Commercial
(716) 913-7107
Listed By:
Ronald "Gunner" Tronolone · License #NY-30TR0558114
Source:
Crexi
Added: Jul 5
Changed: Jul 23
Last Checked: Jul 23 at 4:04PM
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 HUNT Commercial
Investment Insights
Based on property information with market context.
This corporate flex campus features a class A office building totaling 24,416 SF, a secondary light industrial building totaling 10,800 SF, and a 2,960 SF pole barn for storage. The secondary building includes space that was converted to a 3,300 SF restaurant, and the overall complex is designed for a flexible mix of office and light industrial use.
The office configuration includes 2 large conference rooms, 26 offices, and a large open work area measuring 48 x 54, with power and Wi-Fi connectivity wired throughout. A fully equipped modern kitchen is situated adjacent to the open work area. The property also includes 100+ car parking.
Built in 1994 and upgraded since a 2009 sale, the campus includes major renovations and improvements documented across multiple years, including new metal roofs, landscaping and pond installation, driveway and parking lot work, and buildout of the cidery and tap room with new HVAC. A pole barn was constructed in 2023. The campus can be used as one tenant, or offered in sections for individual office or workspace rentals by the next owner.
The office configuration includes 2 large conference rooms, 26 offices, and a large open work area measuring 48 x 54, with power and Wi-Fi connectivity wired throughout. A fully equipped modern kitchen is situated adjacent to the open work area. The property also includes 100+ car parking.
Built in 1994 and upgraded since a 2009 sale, the campus includes major renovations and improvements documented across multiple years, including new metal roofs, landscaping and pond installation, driveway and parking lot work, and buildout of the cidery and tap room with new HVAC. A pole barn was constructed in 2023. The campus can be used as one tenant, or offered in sections for individual office or workspace rentals by the next owner.
Key Highlights
- 35,216 SF multi‑building flex campus built in 1994, including a class A office building plus light industrial, storage, and an on‑site restaurant.
- Main office building offers 24,416 SF with 2 large conference rooms, 26 offices, and a large open work area.
- 48 x 54 wired for power and Wi‑Fi connectivity, plus a fully equipped modern kitchen adjacent to the open work area.
Financial Insights For Flex RnD
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 | $333.8k | $9.48 |
| − Vacancy | −$22.4k | −$0.64 |
| EGI | $311.5k | $8.84 |
| − OpEx | −$109.0k | −$3.10 |
| NOI | $202.5k | $5.75 |
35,216 SF · lease $9.48/SF/yr · vacancy 6.70% · expense 35.00%
Alternative Uses
Best Use
Office B
$6.30M
$5.52M – $7.35M
NOI $441,281 @ 7.0% cap · market cap 11.93%
Second Best
Specialty Retail
$6.06M
$5.30M – $7.07M
NOI $424,071 @ 7.0% cap · market cap 11.46%
Theoretical Best
Office A
$7.70M
$6.74M – $8.98M
NOI $538,889 @ 7.0% cap · market cap 14.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Pathfinder
Advertising Agency
Clarksburg Cider
Bar & Pub
The Tap Room at Clarksburg ...
Bar & Pub
FAQs
What type of property is this?
Flex space - Multi-building flex campus includes a class A office building, light industrial space, storage pole barn, and an on-site restaurant.
Where is this flex space located?
The property is located at 4493 WALDEN AVE Lancaster, NY.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: 35,216 SF multi‑building flex campus built in 1994, including a class A office building plus light industrial, storage, and an on‑site restaurant.; Main office building offers 24,416 SF with 2 large conference rooms, 26 offices, and a large open work area.; 48 x 54 wired for power and Wi‑Fi connectivity, plus a fully equipped modern kitchen adjacent to the open work area.
