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    FOR LEASE
    Investment properties

    561 Broad St, Waverly, NY 14892

    10,132 SF 1.44 ac lot Built 1950
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US63-2149197
    Property summary
    AI-generated overview

    This exceptional 10,000-square-foot medical office building at 561 Broad Street in Waverly, New York, is available for sale or lease. Completely renovated in 2024, the property boasts a versatile, wide-open floor plan, perfect for a variety of medical uses. The building is classified as Class B and features a single building with no elevators. Spaces are divisible down to 2,000 square feet, with a maximum contiguous space of 10,000 square feet. Currently, the entire 10,000 square feet is vacant and ready for immediate occupancy. The property benefits from an oversized parking lot, offering ample space for patients and staff, and presents a potential pad development opportunity. Its prime location just off NYS RT 17/86 at exit 61 ensures high visibility and accessibility. Recent upgrades include exterior paint and block repair, a resurfaced parking lot, a new canopy, decking, insulation, and rubber roof, new overhead doors, refinished floors, new ADA-compliant bathrooms, and office build-out with sheetrock and paint. An approximately 4,000-square-foot basement is also available for storage. Contact us for pricing and further details.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1950
    Total area 10,132 SF
    Lot 1.44 ac (62,726 SF)
    Zoning code ZONE
    APN 492001 166.20-1-25.10
    UPID US63-2149197
    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
    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
    Vm 561 Broad Street LLC · 3 yrs held
    Vm 561 Broad Street LLC
    since 2023
    Last sale
    $300,000
    1 recorded transaction
    2023
    $300,000
    Zoning & alternative use
    ZONE · Waverly, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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