Property summary
This exceptional industrial portfolio in Chaffee, NY, offers a compelling investment opportunity. The property encompasses three buildings totaling over 49,000 square feet, situated on a substantial 77.2-acre parcel. The main building, exceeding 24,000 square feet, boasts a flexible design ideal for manufacturing or distribution, featuring 8-inch concrete radiant heated floors, a 60-foot clear span, and a 16-foot ceiling height with an insulated finished metal grid. Two additional buildings, each over 12,500 square feet, provide ample space for various operational needs. One of these buildings includes a drive-in door and a dock. The property benefits from four drive-in doors and two dock-high doors, ensuring efficient loading and unloading. A newly paved parking lot provides ample space. The site is zoned BL: Commercial Business & Light Manufacturing, allowing for diverse uses. Utilities include low Arcade electric rates with 400 AMP, 3-phase electrical service, and a substantial well water capacity of 1.3 million gallons per day. Conveniently located at 13700 Olean Road (formerly TriCounty Road), off Route 16, this property offers easy access to Yorkshire and Arcade, NY. Built in 2017, this property presents a rare opportunity to acquire a well-maintained, versatile industrial complex with significant expansion potential. The property is located in Cattaraugus County and has a two-story configuration.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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