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    3302 Main St Mexico, NY 13114

    Sponsored
    For Sale
    $379,900

    Prime location, Restore NY grant awarded.

    Property size:
    17,304 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 17,304 square foot mixed-use property, situated on 0.3 acres at 3302 Main Street in the heart of Mexico, NY's historic downtown business district, presents a unique investment opportunity. The property has been awarded a substantial $1,836,000 Restore NY Grant specifically for capital improvements, focusing on rehabilitation and repairs to restore the building to commercial viability. An approved plan exists for a mixed-use development incorporating five short-term rental studios, two long-term apartments, and a cafГ©/restaurant on the lower level. However, the property's versatility allows for alternative uses, such as a brewery, cidery, or other food and retail services. Its strategic location offers significant advantages. The property is conveniently located near major corporate offices, retail centers, and public transportation. Furthermore, its proximity to the new Micron Technology semiconductor plant in Clay, NY (20 miles away), adds considerable long-term growth potential. The charming village of Mexico boasts a desirable location near world-class salmon fishing, Lake Ontario (Oswego), Syracuse (via Route 81), the Salmon River (Pulaski), and Watertown, ensuring a strong base of potential customers and residents. This is a rare chance to acquire a property with significant grant funding and immense redevelopment potential in a thriving and strategically located community. The asking price is $379,900.

    Property Features for 3302 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    17,304 SF
    Lot Size
    13,068 SF

    Building Details

    Year Built
    1838
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mexico
    County
    Oswego
    State
    New York
    Longitude
    -76.23147
    Latitude
    43.45991

    Nearby Comparable

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    Nearby Similar for Sale

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    • $385,000
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    • $225,000

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      40-acre farm featuring barns, creek, and road frontage.
      173 Green Rd, Mexico, NY 13114
      View Details
    • $135,000

      Two Houses on Corner Lot

      Two houses on 1.1 acre lot with development potential.
      3160 Rt-104 64, Mexico, NY 13114
      View Details
    • $89,900
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      Prime Mexico Commercial Space

      High-traffic location, versatile space, great visibility.
      80 Jefferson St, Mexico, NY 13114
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    • $350,000
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      Prime Mexico, NY Business Opportunity

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      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime location, Restore NY grant awarded.
    Where is this commercial real estate located?
    The property is located at 3302 Main St Mexico, NY.
    What is the asking price?
    The asking price for this property is $379,900.
    (315) 682-4500
    Request Owner's contact information
    3302 Main St Mexico, NY 13114
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    Mexico, NY 13114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3302 Main St Mexico, NY 13114
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