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    OFF-MARKET
    Office Spaces

    13854 State Route 28, Forestport, NY 13338

    3,200 SF 1.16 ac lot Built 1995
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property in Forestport, NY, presents a unique investment opportunity. Located at 13854 State Route 28, the 3,200 square foot building enjoys a high-traffic location, serving Otter Lake and travelers heading north towards Old Forge and beyond, as well as those traveling south to Alder Creek. Its strategic position makes it a convenient stop for snowmobilers, capitalizing on both summer and winter recreational activities in this vibrant resort community. The property includes two 6,000-gallon canopy-covered gas tanks, ensuring ample fuel supply. Inside the main building, you'll find an 8' x 24' walk-in cooler, a dedicated office space, a storeroom, and a spacious 30' x 40' finished garage. The property also boasts over 350 feet of road frontage, providing excellent visibility and accessibility. Further enhancing its appeal, the property includes a groomed snowmobile trail access point. Utilities are provided by a drilled well and propane heating system. A 1-bedroom, 1-bathroom house is situated on the 1.16-acre lot, offering additional living space or potential for employee housing. The house features a living room, dining room, and lacks a basement. Note that the house shares a well and septic system with the commercial building. This turnkey operation offers a compelling blend of commercial and residential components, ideal for an entrepreneur seeking a thriving business in a desirable location.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1995
    Total area 3,200 SF
    Lot 1.16 ac (50,530 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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