Prime Investment Opportunity in Deposit NY. Built in 2003, this 7000 plus square foot facility set on 1 + acres. This building was built with the finest finishes for the intended use as the "Police Barracks" and is centrally located with easy access to I86/Rt 17 E and W, serviced with public gas, water and sewer. Recent upgrades include an updated Blacktop Parking Lot in 2023, a new Furnace 2023, and freshly painted inside. The upper level of the property boasts a mix of office and conference room space with a breakroom and Kitchen, 3 half baths and a shower room. There is also an oversized 2 car garage with insulated doors and automatic openers. The basement level offers a gym, locker room and sleeping quarters along with the utilities. The building is also equipped with an automatic generator. With a current lease until July 2028 with an option to renew, this property offers an attractive cap rate of 10.9%.Show Description MLS® NumberR1628345
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age2003
Stories1
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatGas, Forced Air
A/CCentral Air
Heating Fuel
Land and Building, Other - See Remarks
