Property profile

102 W Elm St Fayetteville, NY 13066

FOR SALE
Investment properties
Property ID
US63-1713639
1,164 SF 0.12 ac lot Built 1905
Individually Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property at 102 W Elm St, Fayetteville, NY, presents a rare investment opportunity. The 1,710 square foot building boasts a first-floor commercial/office space, ideal for a variety of businesses. Its prime location within Limestone Plaza offers unparalleled visibility and accessibility, surrounded by restaurants, shops, a library, town offices, a cafe, and the town center, all within easy reach. The property also includes a second-floor one-bedroom, one-bathroom apartment, providing additional income potential or owner-occupied living space. A detached two-car garage adds further convenience. Ample free municipal parking is readily available, and the property enjoys a picturesque view of Mill Creek across the street. Situated on a 0.12-acre lot in the Town of Manlius, the property is zoned B2, a commercial district allowing a wide range of uses, including those permitted in Commercial District A, plus additional options. Currently occupied by tenants, appointments for viewings require 24-48 hours' notice. This property offers a unique blend of commercial space and residential living, making it an attractive investment for both business owners and investors seeking a strong return. The asking price is $264,000.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1905
Total area 1,164 SF
Lot 0.12 ac (5,227 SF)
Zoning code B2
APN 313801 007.-03-46.0
UPID US63-1713639

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pet Grooming Service

Location

102 W Elm St Fayetteville, NY 13066
Fayetteville metro Census 15000 SYRACUSE, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$145k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Zoning & alternative use

B2 · Fayetteville, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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