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    105 Hand Ave, Elizabethtown, NY 12932

    12,416 SF 0.4 ac lot Built 1955
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property in Elizabethtown, NY presents a unique investment opportunity. Situated on a 0.4-acre lot in the heart of Essex County, this property boasts two substantial buildings totaling over 12,416 square feet of usable space. One building is currently configured for light manufacturing, while the other functions as a spacious warehouse with convenient garage access. Multiple driveways provide flexible access for loading and unloading, while a large lift and three-phase power (separately metered) enhance operational efficiency. The property is equipped with valuable machinery included in the sale, such as a CNC router, vacuum pump, and inverted pin router. Its versatility makes it suitable for a wide range of uses, including manufacturing, warehousing, logistics, event space, artist studios, retail, technology development, research and development, or even potential residential conversion (subject to local regulations). The strategic location offers unparalleled accessibility, less than two hours from Montreal, Albany, and Burlington, Vermont, providing excellent connectivity to major transportation routes and a vibrant regional economy. This is a rare opportunity to acquire a substantial property in a picturesque setting with significant growth potential. The asking price is $249,000.

    Property profile
    Verified
    Property type Investment properties
    Year built 1955
    Total area 12,416 SF
    Lot 0.4 ac (17,424 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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