421 Ridge StRome, NY 13440

This exceptional three-story, 29,400 square foot Class B office building, located at 421 Ridge Street in Rome, New York, presents a unique investment opportunity. Built in 1930 and extensively renovated in 2011, the property boasts a wealth of recent upgrades, including a new 60-mil TPO roof system with a warranty extending to 2041, four new boilers, rooftop AC units, updated windows, a complete sprinkler and fire safety system, and a 1200 amp electrical service. The 0.99-acre lot provides ample parking for 83 vehicles. The building's current configuration as a medical and traditional office space lends itself to a potential multifamily conversion, given its location at the edge of a single-family residential neighborhood. Its proximity to amenities is another key advantage, with Aldi and Grand Union supermarkets, various retailers, and fast-food establishments approximately 0.5 miles away. Furthermore, Griffiss International Airport and the Griffiss Business and Technology Park are conveniently located just 4 miles from the property. The asking price is $650,000, translating to $22.11 per square foot. This presents a compelling opportunity for investors seeking a strong return on investment in a desirable location with significant upside potential. The property's size, location, and recent improvements make it an attractive proposition for both commercial and residential development.