1573 Main StSavannah, NY 13146

Property Details for 1573 Main St

Year built

1982

Lot size

0.50 AC

Property size (Sq ft)

3,352 SF

Zone code

EC DEV

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

544000 77111-06-286774

APU

5440007711106286774

Description

This exceptional mixed-use commercial property, located at 1573 N Main St in Savannah, NY, offers a unique opportunity for a variety of businesses. The building boasts a total of 6,704 square feet situated on a half-acre lot. The main level, encompassing 3,352 square feet above grade, features finished office spaces equipped with central air conditioning and a one-and-a-half bathrooms. These modern offices provide a comfortable and efficient workspace. In addition to the office space, this level also includes a warehouse area with ample storage rooms and two truck bays, ideal for logistics or storage-intensive businesses. The lower level, equally spacious at 3,352 square feet, offers a walk-out basement with three car bays and additional storage rooms, providing significant flexibility for various operational needs. The building is heated by a boiler fuel oil system. This property's combination of modern office space and substantial warehouse/storage capacity makes it an attractive investment for businesses seeking a versatile and well-located commercial space in Savannah, NY. The strategic location on N Main St offers excellent visibility and accessibility. Priced at $70,000, this property presents a compelling opportunity for significant return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $671,202

  6.5%

  $619,571

  7%

  $575,316

• Comparable approach

  Method

  Valuation

  Relative Method

  $474,661

  Geo Method

  $678,857

• Alternative Use

  Use

  Valuation

  Residential

  $619,571

  Hospitality

  $567,524

  Educational

  $472,173

  Medical

  $488,412

  Retail

  $734,491

Location Insight

City

Savannah

County

Wayne

State

New York

Latitude

43.0675

Longitude

-76.7605

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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