280 Main Street

$485,000

280 Main Street Massena, NY 13662

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About this listing

Property is on Main Street, one block in from St. Regis Blvd.

This property is in excellent condition with no deferred maintenance needed. The tenant is a government agency that has a lucrative lease with the intent to continue leasing for many years. The cap rate is 8.6% and additional financial information will be provided upon request. Note that this property is part of a larger portfolio consisting of five (5) different properties-three of which are leased by government agencies, one by a medical facility, and one that has five duplexes. The entire portfolio can be purchased at a reduced price. There is an additional lot across the street that is used for additional parking.

  • Building Size

    2,400 sqft

  • Year Built

    2012

  • MLS ID

    50020

  • Parking Spots

    11

DESCRIPTION

  • • Annual Tax: $ 2407.82
  • • Age: 11-20 Years Old
  • • Sewer: Public
  • • Water: Municipal Water

Map





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