32523 Rt-12, Clayton, NY 13624

Property Description

Excellent investment opportunity! Well-maintained 4-unit commercial property with 100% occupancy and a strong rental history. The anchor tenant, the U.S. Post Office, is secured with a long-term lease, providing stable and reliable income. Additional occupied units include a contractor’s office, a beauty salon, and a fully operational turnkey diner. Located in a high-traffic area with great visibility, this property is ideal for investors seeking immediate cash flow and long-term stability. Property Highlights: 4 Total Units – Fully Occupied Long-Term Anchor Tenant (Post Office Lease) Diverse Tenant Mix Turnkey Income Property High Traffic / High Visibility Location Strong Return Potential Unit Breakdown: Unit 1 – U.S. Post Office Unit 2 – Contracting Company Unit 3 – Beauty Salon Unit 4 – Diner Additional Property Information: Property is serviced by a well with a consistent, reliable supply and is chlorinated on site. A survey has been completed within the past three years. Sewer is managed via a holding tank located behind the building, currently serviced on a twice-yearly schedule, with a dedicated leach line to the village sewer system. A partial basement (under approximately half of the building) is accessible from the diner unit as well as an exterior entrance. This space houses the furnace, water heater, chlorination system, walk-in cooler, and fuel oil tank for the diner. There are four separate, updated electrical panels located in this area. There is one water heater servicing all four units. The U.S. Post Office is heated with propane, has its own furnace located in the attic, and has two dedicated propane tanks. Both the contracting company unit and beauty salon are heated with electric baseboard heat, with utilities paid directly by the leaseholders. The diner features a mini-split system and is heated with fuel oil. It also has its own propane tanks servicing the gas appliances. The U.S. Post Office operates under a 15-year lease with scheduled rent increases of $50 every five years. At this time, viewing of the U.S. Post Office space is limited to the lobby area only.