1. New York
2. Deposit
3. 5 Leonard Way

5 Leonard Way, Deposit, NY 13754

• 7,300 sqft

Property Description

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%.

Listing Status:

Active

Date Added:

August 23, 2025 at 05:00AM

Listing Office:

Exit Realty Front & Center : 607-724-3948

Listing Agent:

R. Karl Zandt : 607-727-4910

MLS ID:

R1628345

Interior

• Basement: Full
• Flooring: ConcreteLinoleumVinylCarpet
• A/C: Central Air
• Heating: GasForced Air
• Fireplace: Fireplaces: 0
• Disability Feature: Accessibility FeaturesAccessible DoorsAccessible Entrance

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of R. Karl Zandt, Exit Realty Front & Center