3500 Bleachery Ave New Hartford, NY 13413

Property Details for 3500 Bleachery Ave

Lot size

0.50 lot acres

Property size

4,400 SF

Property type

Specialty properties

Property subtype

Office Properties & Spaces

Description

This exceptional New Hartford, NY property presents a compelling investment opportunity, encompassing four well-maintained buildings totaling approximately 90,000 square feet on a sizable lot ranging from 0.5 to 1.7 acres. The property, located at 3500 Bleachery Ave, offers a diverse range of potential uses, including executive office space, manufacturing, warehousing, storage, retail, and restaurant establishments. Building #1, a 4,400 square foot administrative building, features recent upgrades such as a new boiler, windows, and awnings. Buildings #2 and #3, totaling approximately 66,500 square feet, comprise a main production facility and extensive shipping/receiving/warehousing space, connected by an indoor walkway. These buildings have undergone significant renovations, including updated heating, lighting, and interior/exterior modernization. Building #4, a 30,000 square foot structure currently used for storage rentals, includes a convenient second-floor drive-up ramp. The property is strategically located minutes from NY-8, the New York Thruway, and major airports, offering easy access to transportation networks. The asking price is $2,800,000, with an attractive 8% cap rate. The property's location in Upstate New York provides proximity to recreational areas like the Adirondacks and Cooperstown, enhancing its appeal as a desirable place to live and work. A short-term leaseback opportunity is also available. The property's versatility and prime location make it an ideal investment for a variety of business ventures. The zip code is 13413, situated in Oneida County.

Location Insight

City

New Hartford

County

Oneida

State

New York

Longitude

-75.3062

Latitude

43.0591