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Mixed-Use Building with Apartment
New
For Sale
$1,100,000

1122 Kossuth Avenue, Utica, NY 13501

Operating market, two commercial units, and residential space create a diversified mixed-use configuration.

Property Size17,312 SF
Lot Size0.38 Acres
Price / SF$63.54
Days on Market5

Property Features for 1122 Kossuth Avenue

General Information

Standard status Active
Size 17,312 SF
Lot size 0.38 Acres
Property subtype Retail

Units

Unit Mix 1 x 3BR/2BA
Multifamily Units 1

Additional Details

Business Included Yes
Liquor License Yes

Building Details

Buildings 1
Stories 4
Tenancy Multi
Listing Agency: CBRE | Albany
Listed By: Amie Culver · License #Licensed Salesperson
Source: Cbre
Added: Aug 1 Changed: Aug 2 Last Checked: Aug 4 at 3:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Albany

Investment Insights

Based on property information with market context.

Located at 1122 Kossuth Avenue, this 17,312-square-foot mixed-use property combines an operating neighborhood market with two commercial units and one residential unit. The market includes beer and wine, cigarette, and New York Lottery licenses, supporting multiple business functions within the building.

The second level contains a 3-bedroom, 2-bath apartment, while the third and fourth floors remain unfinished for future expansion. Capital work includes a new roof, electrical upgrades, new flooring, residential-unit renovations, and improvements to the restaurant build-out. The property occupies 0.38 acres and offers both commercial operations and residential revenue in one asset.

Key Highlights

  • 17,312 SF mixed‑use building on 0.38 acres
  • Two commercial units and one residential unit
  • Operating market includes beer and wine, cigarette, and New York Lottery licenses

Property Analytics

Current Use

Golden Lotus Food ... (Bike/Boat/Book/etc) Store Golden Lotus Food ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Garden Center (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

699
Businesses Nearby
99k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 37% Groceries 32% Dining 18% Apparel 9%
Hannaford Groceries
32,035 visits/mo 0.5 miles
Dollar Tree Shops & Services
13,336 visits/mo 0.5 miles
Dunkin' Donuts Dining
10,560 visits/mo 0.4 miles
Dollar General Shops & Services
7,817 visits/mo 0.4 miles
KeyBank Shops & Services
6,585 visits/mo 0.3 miles

Demographics for 13501, NY

40,885
Population
17,071
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
78%
High-School Grad
8.8 sq mi
ZIP Area
4,646
Density / Sq Mi
$49,771
Median Household Income
$33,632
Median Earnings
$865
Median Rent
$136,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Operating market, two commercial units, and residential space create a diversified mixed-use configuration.
Where is this mixed-use property located?
The property is located at 1122 Kossuth Avenue Utica, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 17,312 SF mixed‑use building on 0.38 acres; Two commercial units and one residential unit; Operating market includes beer and wine, cigarette, and New York Lottery licenses
More about this property
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