1370 Exchange Street Alden NY 14004 | B1510502

Remarkable Business Opportunity! Superior Construction, Steel and Concrete Block Built 16,000+ sq ft Building and 1000+ single family residence on 1.4 acres backs up to High Traffic Retail Plaza on Broadway. Priced to Sell well below the full market value assessment of 1.1 million! Two parking lots, two entrances and a dividing corridor that allows use of building for 2 different businesses! Brand new roof November 2023! Front single-story part of the building consists of 3925 sq ft currently used as a physical therapy office includes a reception area, 8 offices/patient rooms, & a large space w/ 2 bathrooms, kitchenette, & laundry utility room. The rear of the building is a 12,539 sq ft 2 story facility currently set up as a 2-level health club/fitness facility w/ tiled locker rooms w/ showers. Beautiful windows and woodwork! On the 1st floor there are 2 large offices and upstairs in addition to the main workout area there is an oversized private room and 2 other rooms. Zoned C1 Commercial. Would suit a variety of businesses: Medical Offices, Health Club, Brewery/Distillery, Doggie day care, Dog training facility w/ on-site vet. This is a MUST SEE!

Property Details

Price:
$699,900
MLS #:
B1510502
Status:
Active
Beds:
0
Baths:
0
Address:
1370 Exchange Street
Type:
Commercial
City:
Alden
Listed Date:
Nov 20, 2023
State:
NY
Finished Sq Ft:
15,712
ZIP:
14004
Subdivision:
Lot Size:
60,984 sqft / 1.40 acres (approx)
Year Built:
1983

Schools

School District:
Alden

Interior

Cooling
Central Air
Heating
Gas, Forced Air

Exterior

Roof
Asphalt, Membrane, Rubber

Financial

Buyer Agent Compensation
3%
Net Operating Income
$-27,480
Taxes
$27,480

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