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    28 Clark St Cazenovia, NY 13035

    Sponsored
    For Sale
    $225,000

    Nine income-producing units, prime location.

    Property size:
    2,750 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity presents nine fully rented 10' x 25' storage units located at 28 Clark St, Cazenovia, NY. Currently generating a consistent monthly income of $175 per unit, this property offers immediate cash flow. Situated on a 0.4-acre lot along the scenic Chittenango Creek, the property enjoys a highly desirable location within easy reach of the village center. The asking price is $225,000, and the sale includes only the land on the north side of Clark Street. This transaction is contingent upon the approval of a subdivision. For investors seeking a larger footprint, the adjacent parcel (MLS #S1527705) encompassing a total of 1.64 acres (both north and south sides of Clark Street) is available for $295,000. This property offers a rare chance to acquire a thriving income-generating asset in the attractive Cazenovia community, known for its strong rental demand and picturesque setting. The 2,750 square foot property is a turnkey operation, providing a solid foundation for immediate returns and future growth potential. The existing tenant base ensures a stable income stream, making this an attractive proposition for both seasoned and new investors.

    Property Features for 28 Clark St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,750 SF
    Lot Size
    17,424 SF

    Building Details

    Year Built
    2003
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cazenovia
    County
    Madison
    State
    New York
    Longitude
    -75.84618
    Latitude
    42.93677

    Nearby Comparable

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    Nearby Similar for Sale

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      Cazenovia Storage Units For Sale

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      Agricultural property available in Cazenovia, NY.
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    FAQs

    What type of property is this?
    Commercial real estate - Nine income-producing units, prime location.
    Where is this commercial real estate located?
    The property is located at 28 Clark St Cazenovia, NY.
    What is the asking price?
    The asking price for this property is $225,000.
    (315) 655-0303
    Request Owner's contact information
    28 Clark St Cazenovia, NY 13035
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    Cazenovia, NY 13035
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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
    28 Clark St Cazenovia, NY 13035
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