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    730 Lenox Ave Oneida, NY 13421

    Sponsored
    For Sale
    $550,000

    Prime Office Investment, 8,000 sq ft

    Property size:
    8,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 8,000 square foot commercial office building presents a compelling investment opportunity in Oneida, NY. Situated on a spacious 1.58-acre lot, this property boasts 35 paved parking spaces, a convenient circular driveway, and a drive-through window. The building's design incorporates connecting interior doors, allowing for flexible space configuration and potential expansion. Currently fully leased with five distinct units, this property offers immediate income generation. A passenger elevator provides convenient access to the second floor, which features both front and rear staircases, facilitating potential subdivision into separate units with independent entrances. Each unit is equipped with a kitchenette and at least one bathroom, enhancing tenant appeal. The first floor includes an area with the potential to be divided, creating an additional approximately 800 square foot space for lease, increasing rental income. The property is zoned light industrial, offering versatility and potential for future development. This turnkey investment is ideal for both investors seeking strong returns and owner-users looking for a well-maintained, spacious office environment. The combination of its current income stream, flexible layout, and ample parking makes this a truly exceptional opportunity.

    Property Features for 730 Lenox Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,000 SF
    Lot Size
    68,825 SF

    Building Details

    Year Built
    2007
    Location Intelligence

    Current Use by Public Records

    Linda Romagnoli Vanderhoof, ... Real Estate Agent Willow Network Women'S Health Clinic Oneida Daily Dispatch Newspaper Publisher D'Agostino Group Tax Preparation Service Sandra Wagner, Hunt ... Real Estate Agent

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Oneida
    County
    Madison
    State
    New York
    Longitude
    -75.6695
    Latitude
    43.08692

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Investment, 8,000 sq ft
    Where is this office property / space located?
    The property is located at 730 Lenox Ave Oneida, NY.
    What is the asking price?
    The asking price for this property is $550,000.
    (315) 363-5533
    Request Owner's contact information
    730 Lenox Ave Oneida, NY 13421
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    Oneida, NY 13421
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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
    730 Lenox Ave Oneida, NY 13421
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