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5893 Camp Rd Hamburg, NY 14075

Sponsored
For Sale
$1,750,000

High-yield, multi-tenant office complex

Property size:
20,550 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional mixed-use property, THE ORION PLAZA, presents a compelling investment opportunity in Hamburg, NY. Located at 5893 Camp Rd, this 20,550 square foot complex boasts a diverse tenancy of six businesses across nine units, ensuring a stable income stream. The property features three buildings on a 100,188 square foot lot, constructed in 1994 and renovated in 2018. The buildings are of masonry and block construction with asphalt, pitched roofs. The property includes 70 parking spaces, a significant advantage given the 2:1 parking ratio. Currently operating at 100% occupancy with a Net Lease (NN) structure and a three-year lease term, the property generates a substantial NOI of $123,545, yielding a 7.06% cap rate and a pro-forma cap rate of 7.46%. Utilities are metered separately with CAM charges. The property's prime location in Hamburg Village offers excellent visibility and strong traffic counts, making it an ideal investment for owner-occupancy or a value-add opportunity. The property is classified as Class B and is a FEE SIMPLE ownership. The asking price is $1,750,000, translating to $85.16 per square foot. This stabilized investment offers a blend of medical office, sports/entertainment, and traditional office spaces, providing long-term versatility and strong rental potential. The property's central location provides easy access to major thruways and the Buffalo CBD.

Property Features for 5893 Camp Rd

General Information

Property type
Medical offices
Square Feet
20,550 SF
Class
B

Building Details

Year Built/Renovated
1994/2018
Buildings
3
Stories
1
Units
9

HighLights

  • Exceptional mixed‑use investment opportunity in Hamburg, NY.
  • 20,550 SF complex with nine units and six tenants on a 100,188 SF lot.
  • Three buildings, constructed in 1994, renovated in 2018, featuring masonry/block construction and asphalt pitched roofs.
  • 70 parking spaces (2:1 ratio), 100% occupancy, Net Lease (NN) structure with three‑year lease terms.
  • $1,750,000 asking price ($85.16/SF), $123,545 NOI, 7.06% cap rate (7.46% pro‑forma).
Property Profile Location Intelligence

Current Use by Public Records

Rise Fitness Studio Fitness Center Sokolowski Chiropractic Chiropractor Southtowns Asthma and Allergy ... Medical Clinic Md Vip Medical Clinic Melgar Luis MD Allergist

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Hamburg
County
Erie
State
New York
Longitude
-78.8363731
Latitude
42.7274026

FAQs

What type of property is this?
Medical office - High-yield, multi-tenant office complex
Where is this medical office located?
The property is located at 5893 Camp Rd Hamburg, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity in Hamburg, NY.; 20,550 SF complex with nine units and six tenants on a 100,188 SF lot.; Three buildings, constructed in 1994, renovated in 2018, featuring masonry/block construction and asphalt pitched roofs.
More about this property
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