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    OFF-MARKET
    Warehouses

    5 Masonic Ave, Camden, NY 13316-1234

    16,720 SF 0.43 ac lot Built 1970
    Individually Owned 20-yr Hold Free & Clear
    Property ID
    US63-0060408
    Property summary
    AI-generated overview

    This exceptional investment opportunity encompasses a thriving, historically significant hardware store – the 8th oldest in the US – along with multiple income-generating properties. The main hardware store, located at 59 and 61 Main Street, Camden, NY, boasts a rich 175-year history and is fully operational. The sale includes a substantial inventory of appliances, pellets, paint (with a two-year-old mixing machine), and more. Equipment included in the sale comprises two forklifts, a truck with a lift (lease assumption by buyer), and two pallet jacks. A complete point-of-sale (POS) system is also part of the transaction. Further enhancing the investment potential are two one-bedroom apartments situated above 61 Main Street, generating rental income. A separate 5,600 square foot office space at 5 Masonic Avenue, Camden, NY, also produces rental income. This property includes an attached 4,000 square foot pole barn, ideal for inventory storage. A warehouse on South Park Street is also included in this comprehensive package. The total land area is 0.43 acres, and the combined square footage of all buildings exceeds 10,437 square feet. This turnkey business and real estate portfolio presents a rare chance to acquire a well-established, profitable enterprise with significant growth potential. The asking price for this unique offering is $995,000. This sale includes properties with MLS numbers S1505310, S1505322, S1505326, and S1535329.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1970
    Total area 16,720 SF
    Lot 0.43 ac (18,705 SF)
    Zoning code 01 - NOT ZONED
    APN 303001 147.005-2-1
    UPID US63-0060408
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dr. BENJAMIN SOMMER Pediatrician Physician
    • Shirazi Sarah MD Physician
    • Camden Family Care Medical Clinic
    • Kristen Orts Physician
    • Vera Edwin Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    James Plumley · 20 yrs held
    James Plumley
    since 2006
    1 recorded transaction
    2006
    $125,000
    Zoning & alternative use
    01 - NOT ZONED · Camden, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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