32 Power Dam Way, Plattsburgh, NY 12901
For Lease
This expansive 550,000 square foot industrial complex, situated on 45.4 acres at 32 Power Dam Way, Plattsburgh, NY 12901, presents a unique investment opportunity. The property, built in 1916 and renovated in 1960, features a single-story design with ceiling heights ranging from 16 to 28 feet. Currently, 200,000 square feet of space is available, divisible to a minimum of 100 square feet and with a maximum contiguous space of 400,000 square feet. The property boasts 35 loading docks, ample outside storage, and extensive parking. Power options include 440 single-phase and three-phase service. The building includes 17 suites and features an elevator. Its strategic location on the Saranac River offers convenient access to Interstate 87 and Plattsburgh International Airport, and is only 60 miles from Montreal, Canada. The property is zoned for industrial use and offers competitive rates. The building's wet sprinkler system enhances safety and security. This prime location, combined with its substantial size and versatile space, makes it ideal for various manufacturing, distribution, flex, and warehouse operations. The 800-foot frontage provides excellent visibility and accessibility.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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
06 - INDUSTRIAL · Plattsburgh, NYPlattsburgh. Always verify with local authorities before improvements.
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.