421 Ridge St - Office/Residential FOR SALE


Rome, NY 13440
$650,000 USD
315-530-0931
421 Ridge St, Rome, NY for Sale
$650,000 USD
Office/Residential - FOR SALE
1/15
null | Request Cap Rate

421 Ridge St
Rome, NY 13440


HIGHLIGHTS

  • New 60mil TPO roof system with 3” poly ISO insulation installed in 2021; warranty valid through 2041
  • Parking for 83 cars
  • 0.5 mi. to grocers Aldi and Grand Union Supermarket along with numerous retailers and fast food locations
  • 4 mi. from Griffiss International Airport/Griffiss Business and Technology Park

OVERVIEW

29,400 SF three-story office building that underwent a complete rehabilitation between 2007 and 2011 is available for purchase or lease. Upgrades include: New Roof in 2021; four new boilers, rooftop AC units, all new windows, sprinkler and fire safety system, 1200 amp electrical service, and repaving of the parking lot. This building provides three full floors of finished office space. The floor footprint would be perfect for a conversion to residential use.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$22 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

421 Ridge Street, Rome

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Medical, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

87

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

E3

APN/PARCEL ID

301301-242-000-0001-007-003-0000

ASK ABOUT THIS PROPERTY

Marty DowdCBRE Upstate NYMore Info
315-530-0931

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Marty DowdCBRE Upstate NYMore Info
315-530-0931

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.