11625 Broadway St Alden, NY 14004
For Sale
1 / 2
This exceptional 1,800 square foot warehouse, situated on a sizable 0.75-acre lot in Alden, New York, presents a compelling investment opportunity. Located at 11625 Broadway, near Two Rod Road, this industrial property boasts convenient access and ample space for a variety of uses. The asking price is $300,000, translating to a price per square foot of $166.67. Key features include a large grade-level door, ensuring easy loading and unloading of goods, and efficient drainage systems. The property also benefits from a 220, 3-phase electrical service, ideal for businesses requiring substantial power. Given its size and features, this warehouse is particularly well-suited for automotive repair or similar businesses requiring both indoor and outdoor space. The property's location in Erie County, New York, offers access to major transportation routes and a strong local workforce. With its combination of size, location, and features, this warehouse represents a strong value proposition for discerning investors seeking a versatile and functional industrial space. The zip code is 14004. The property is currently listed for sale and is ready for immediate occupancy. This is a rare opportunity to acquire a well-maintained warehouse in a desirable location.
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Broadway Car Wash Car Wash
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Adam Mazz Auto Repair Shop
C-2 Commercial District. This district is to provide areas within the Town for commercial uses which will include various commercial uses conducted out-of-doors. A. Permitted principal uses are as follows: (1) As permitted and regulated in the C-1 Districts without the requirement for conduct of business in an enclosed building, including outdoor display of…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Alden, NYC-2 Commercial District. This district is to provide areas within the Town for commercial uses which will include various commercial uses conducted out-of-doors. A. Permitted principal uses are as follows: (1) As permitted and regulated in the C-1 Districts without the requirement for conduct of business in an enclosed building, including outdoor display of various items offered for sale or rent. (2) New and used motor vehicle sales and service. (3) Boat or marine sales and service. (4) Manufactured homes, trailers and recreational vehicles sales and service. (5) Gasoline service stations, public garages and collision shops. (6) Auction barns and flea markets, exclusive of livestock. (7) Farm equipment sales and service. (8) Nurseries and greenhouses. (9) Laundries and dry-cleaning plants. (10) Machine or tool sales, rental or service. (11) Self storage building with indoor storage only, by special use permit issued by the Town Board pursuant to Article XI , Special Permits, of this chapter. [Added 7-1-1996 ] B. Permitted accessory uses are as follows: (1) As permitted and regulated in the C-1 District. (2) Other customary accessory uses. C. Uses permitted upon issuance of a special permit are as follows: (1) As permitted in the C-1 District. (2) Car washes. (3) The raising or keeping of up to six hen chickens only (no other fowl), may be conducted as an accessory use upon the issuance of a special permit by the Town Board on the same premises associated with an owner-occupied single-family or two-family detached dwelling as the principal use, subject to the following procedures and conditions: [Added 1-17-2017 by L.L. No. 1-2017 ] (a)
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
