7.8% Cap Rate Verizon/Commercial Bldg for sale

Retail-Commercial for Sale
Catylist Listing ID: 30664970
Property Subtypes: Mixed Use, Retail-Pad, Street Retail, Other
Building Size (RSF): 3,600 SF
Gross Building Area: See Agent
Gross Land Area: 3,600 SF
Sale Price: $699,000
Unit Price: $194.17 PSF
Property Use Type: Investment, Business
Usable Size (USF): 3,600 SF
Sale Terms: Cash to Seller
Cap Rate: 7.8%
Last Updated: 7/29/2021

Overview / Comments

Verizon Building in York for sale. Office/Mixed Use. Good visibility off of Hwy 81 through York. Verizon to stay as tenant.

115 W 4th St is included in this sale. Separate office space available to rent.


Finance Data Year 2020
Real Estate Taxes - Annual($) $1,881 (Annual)

Additional Details

Nearest MSA: Grand Island
County: York
Tax ID/APN: 930011562
Retail Clientele: General
Property Located Between: N Lincoln Ave and N Grant Ave
Property Visibility: Excellent
Largest Nearby Street: N Lincoln Ave
Highway Access: Hwy 81
Property Condition: Good
Year Built: 1920
Total Parking Spaces: 8
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lot 17 BLK 68 OT City of York

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,874 8,518 8,518
Median Age: 33.67 39.28 39.28
Households: 1,211 3,436 3,436


Photograph of Listing Agent

Cindi Nickel

Coldwell Banker NHS Real Estate
MRCIE Member
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