$1,025,000
Cambridge, NY 12816
MLS# 202612137
15103 sqft

1 / 27
Property Description
This well-maintained 15,103 square foot commercial building presents a lucrative investment opportunity with a long-term lease to a nationally recognized tenant, Dollar General. Located on a sprawling 5-acre lot, the property features a newly paved parking lot and upgraded lighting, ensuring a welcoming and safe environment for customers and tenants alike.Dollar General has been the anchor tenant since 2006, occupying 81% of the building. The remaining 19% is leased as storage space to another tenant, providing additional, stable rental income.The lease is structured as a Triple Net (NNN) lease, wherein the tenant is responsible for property taxes, insurance, and maintenance, minimizing landlord responsibilities and expenses. The property is offered at an attractive 8% capitalization rate, delivering strong returns on investment. Centrally located, the property benefits from excellent visibility and accessibility, boosting foot traffic and sales.
Details
Maps
Documents
Contract Information
Original List Price: 1025000
List Price/SqFt: 67.87
List Price/Acres: 205000
Status: Active
Property Sub Type: Retail
List Price: $1,025,000
Listing Contract Date: 2026-02-17
Current Price: $1,025,000
Location
City/Town (Mail): Cambridge
Street Number: 1133
Street Name: State Route 22
County: Washington
State/Province: NY
Postal Code: 12816
Geo Lat: 43.018585
Geo Lon: -73.37834
Property Detail
Parking Y/N: Yes
Lot Size Square Feet: 217800
Zoning: Commercial
Lot Size Dimensions: 439x430
Lot Size Acres: 5
Building Area Total: 15103
Building Available SQFT: 15103
Year Built: 1980
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 535089 263.-3-4.2
Tax Annual Amount: 19739
Tax Section: 263
Total Taxes Description: Estimated
Tax Block: 3
Tax Lot: 4.2
Directions & Remarks
Directions: On Rt 22 ( S Park St) 1.4 miles from village of Cambridge.
Public Remarks: This well-maintained 15,103 square foot commercial building presents a lucrative investment opportunity with a long-term lease to a nationally recognized tenant, Dollar General. Located on a sprawling 5-acre lot, the property features a newly paved parking lot and upgraded lighting, ensuring a welcoming and safe environment for customers and tenants alike.Dollar General has been the anchor tenant since 2006, occupying 81% of the building. The remaining 19% is leased as storage space to another tenant, providing additional, stable rental income.The lease is structured as a Triple Net (NNN) lease, wherein the tenant is responsible for property taxes, insurance, and maintenance, minimizing landlord responsibilities and expenses. The property is offered at an attractive 8% capitalization rate, delivering strong returns on investment. Centrally located, the property benefits from excellent visibility and accessibility, boosting foot traffic and sales.
Sewer
Septic Tank: 1
Current Use
Retail: 1
Architectural Style
Grocery: 1
Cooling
Central Air: 1
Building Detail
Retail Total SQFT: 15000
Retail Available SQFT: 0
# Loading Dock: 2
Construction Materials
Block: 1
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Possession
At Closing: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Water Source
Public: 1
Heating
Forced Air: 1
Parking Features
Parking Total: 50
Status Change Info
Status Change Date: 2026-02-17
Property Features
Architectural Style: Grocery
Construction Materials: Block
Cooling: Central Air
Current Use: Retail
Heating: Forced Air
Possession: At Closing
Sewer: Septic Tank
Showing Requirements: 24 Hour Notice; Call Listing Agent
Water Source: Public
Listing Courtesy of Julie & Co Realty LLC
Listing Agent: Amy Farchione-Sgromo
315-863-2777 | amy@juliecorealty.com
315-863-2777 | amy@juliecorealty.com


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