Map
Listed price in listed location currency (USD).
$340,000

0018

MLS® R1677342

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 3722 sqft
Garage 
Taxes $4,913
Days Active 62
Lot Size 
Approx. Age 1965
Avg. Price Per Sqft $91
MLS® Number R1677342

Property Address: 3235 State St, Caledonia, NY, 14423-1235

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey commercial investment opportunity in a high-visibility Caledonia location offering strong cash flow, long-term lease stability, and future flexibility. This unique property includes two separate commercial buildings with established tenants already in place under newly structured long-term NNN leases. The property generates $42, 000 in gross annual rent with one tenant secured under a new 3-year lease with renewal options, and the second tenant committed to a new 5-year lease with additional renewal options in place. With minimal landlord responsibilities under the NNN lease structure, this property delivers an impressive 12.4% cap rate at the $340, 000 list price. Automotive zoning adds tremendous long-term value by allowing for a wide range of future business uses if an investor ever chooses to reposition the property. A large parking lot supports steady customer traffic for both businesses, while the village location provides excellent exposure and consistent drive-by visibility. Seller financing available with $100, 000 down, creating a rare opportunity to acquire a high-performing commercial asset with flexible financing terms and immediate income from day one.
MLS® NumberR1677342
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1965
Basement
DrivewayCommon, On Site
Garage Spaces
HeatHeat Pump, Other, See Remarks, Zoned
A/CHeat Pump, Zoned

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 29, 2026List Date
$340,000List Price
  • Commute

Commute

Starting Address
Destination Address
3235 State St, Caledonia, NY

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