Property summary
This exceptional industrial property, located at 17 Midland Drive, Norwich, NY 13815, presents a unique investment opportunity. The property encompasses a substantial 42,817 square feet of space, strategically divided to maximize functionality. The building features a blend of flex, manufacturing, and warehouse space, catering to diverse operational needs. The layout includes approximately 27,515 square feet of industrial space with varying ceiling heights ranging from 10 to 19 feet, providing ample room for various equipment and processes. In addition, there is 15,000 square feet of office space, with 8,500 square feet on the first floor (renovated in 2012) and 6,500 square feet on the second floor, offering comfortable and modern administrative areas. The property boasts two loading docks for efficient material handling, an elevator connecting the floors, and a large cafeteria and lobby area. The building is fully sprinklered and the first floor is air-conditioned. Electrical service is robust, featuring 800 amps, 240 volts, and 3-phase power. The property sits on a lot ranging from 0.7 to 2.29 acres, including approximately 0.7 acres of additional parking located at 110 Main Street. The property is zoned for industrial use and has APN numbers 136.5-5-10
Property profile
VerifiedCap rate & NOI
Current use
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Community Center
Value estimations
Owner & transaction history
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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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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