Current Use by Public Records
- Lifestyle centers
Property Details for 1 Colonial Pl
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This 840-square-foot vacant shopping center, located at 1 Colonial Pl, Ilion, NY 13357, presents a unique investment opportunity. Priced at $110,000 ($130.95/sq ft), this single-unit property offers high visibility on a busy street in the historic village. Originally constructed in 1985 as a credit union and later converted to an ice cream shop, the building features a full basement and central air conditioning. While most of the ice cream equipment has been sold, the space is adaptable for various uses, including offices, a hair salon, or a small restaurant. The property is a single-story building with a net rentable area of 840 square feet. The seller is open to discussing long-term lease options. This is an excellent chance to establish a business in a high-traffic location. The property is currently vacant, offering immediate occupancy. Serious inquiries are encouraged.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ilion
- County
- Herkimer
- State
- New York
- Longitude
- -75.0378
- Latitude
- 43.0166
