Property profile

401 Bay Plz Plattsburgh, NY 12901

OFF-MARKET
Commercial real estate
Property ID
US63-4191803
2,030 SF 0.1 ac lot Built 1986
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Property summary

AI-generated overview

This exceptional 2,030 square foot office space is situated in the established Bay Plaza professional complex at 401 W Bay Plz Unit 401, Plattsburgh, NY. Currently leased for $3,000 per month through April 2023, this presents a fantastic opportunity for an investor or business owner seeking immediate income. The lease terms are potentially negotiable for a buyer who intends to occupy the space. Located in Building E, this unit offers a convenient and desirable address within a well-maintained complex. The property sits on a 0.1-acre lot, providing ample space for parking and potential future expansion. The asking price for this turnkey office space is $229,000. This is an ideal investment for those looking for a stable income stream with the potential for future growth and occupancy. The established professional complex provides a strong foundation for any business, offering a prestigious address and a thriving business environment. The current lease provides immediate return on investment, while the potential for occupancy offers long-term flexibility and growth potential. Don't miss this opportunity to acquire a valuable asset in a prime Plattsburgh location.

Property profile

Verified
Property type Commercial real estate
Year built 1986
Total area 2,030 SF
Lot 0.1 ac (4,356 SF)
UPID US63-4191803

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Government Office
  • Telecommunications Service
  • Travel Agency

Location

401 Bay Plz Plattsburgh, NY 12901
Plattsburgh metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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