561 Broad St, Waverly, NY 14892
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
ZONE · Waverly, NYWaverly. 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.