About 5 Leonard Way
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%.
Features of 5 Leonard Way
| MLS® # | R1628345 |
|---|---|
| Price | $599,000 |
| Bathrooms | 0.00 |
| Square Footage | 7,300 |
| Square Footage | 43560 |
| Acres | 1.00 |
| Year Built | 2003 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 5 Leonard Way |
|---|---|
| Area | Deposit |
| City | Deposit |
| County | Delaware |
| State | NY |
| Zip Code | 13754 |
Amenities
| Utilities | Electricity Connected, Sewer Connected |
|---|---|
| Features | Rectangular, Rectangular Lot |
| Parking Spaces | 20 |
| Parking | On Site, Surfaced |
| Garages | On Site, Surfaced |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Vinyl, Carpet, Concrete, Linoleum |
|---|---|
| Heating | Gas, Forced Air |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Brick, Wood Siding, Concrete, Masonry |
|---|---|
| Lot Description | Rectangular, Rectangular Lot |
| Roof | Asphalt, Shingle |
| Construction | Brick, Wood Siding, Concrete, Masonry |
School Information
| District | Deposit |
|---|
Additional Information
| Zoning | Commercial |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Exit Realty Front & Center |
|---|---|
| Contact Info | 607-727-4910 |