Modern Flex Warehouse
7179 State Route 54 Bath, NY 14810
7179 State Route 54, Bath, NY, 14810
$435,000
Pending
For Sale
$435,000
Pending
Modern 2016-built flex warehouse with an open floor plan, private office, and parking along State Route 54.
Property Size5,300 SF
Lot Size0.52 Acres
Days on Market51
Property Features for 7179 State Route 54
General Information
- Standard status
- Pending
- Size
- 5,300 SF
- Lot size
- 0.52 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2016
Listing agency
(607) 377-4103
Listed by
Leah M. Butler
(607) 377-4103
Source
Elliman
Added: Jun 1 Updated: Jul 10 at 4:00PM Checked: Jul 21 at 9:07AM
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 Leah M. Butler
Investment Insights
Based on property information with market context.
This 2016-built modern flex warehouse offers approximately 5,300 square feet of versatile open floor space designed to support a range of business uses. The building includes one private office and one bathroom, with well-insulated construction and a durable metal exterior. The site is set on 0.52 acres and includes 14 parking spaces.
The property is located on highly traveled State Route 54, minutes from the village of Hammondsport in the Finger Lakes region. This placement provides straightforward vehicle access and visibility along the highway.
With its open layout, insulated metal construction, and on-site parking, the building can work well for users seeking flexible space for retail, warehousing, showroom, office, or service operations. The combination of a dedicated office and a large open area supports a variety of day-to-day workflows while keeping tenant build-out options open.
The property is located on highly traveled State Route 54, minutes from the village of Hammondsport in the Finger Lakes region. This placement provides straightforward vehicle access and visibility along the highway.
With its open layout, insulated metal construction, and on-site parking, the building can work well for users seeking flexible space for retail, warehousing, showroom, office, or service operations. The combination of a dedicated office and a large open area supports a variety of day-to-day workflows while keeping tenant build-out options open.
Key Highlights
- Built in 2016 with approx. 5,300 sq. ft. of versatile open floor space for flexible commercial use
- Located on highly traveled State Route 54, minutes from the village of Hammondsport
- Metal exterior construction with well‑insulated building envelope
Local Financial Insights For Warehouse
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 | $50.2k | $9.48 |
| − Vacancy | −$3.4k | −$0.64 |
| EGI | $46.8k | $8.84 |
| − OpEx | −$7.0k | −$1.33 |
| NOI | $39.8k | $7.51 |
5,300 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$978.0K
$855.7K – $1.14M
NOI $68,459 @ 7.0% cap · market cap 15.74%
Second Best
Warehouse
$568.6K
$497.5K – $663.4K
NOI $39,803 @ 7.0% cap · market cap 9.15%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,444 @ 7.0% cap · market cap 20.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Modern 2016-built flex warehouse with an open floor plan, private office, and parking along State Route 54.
Where is this flex space located?
The property is located at 7179 State Route 54 Bath, NY.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Built in 2016 with approx. 5,300 sq. ft. of versatile open floor space for flexible commercial use; Located on highly traveled State Route 54, minutes from the village of Hammondsport; Metal exterior construction with well‑insulated building envelope
