Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    153 N 2Nd St Fulton, NY 13069

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $224,900

    Two commercial units with high traffic and separate utilities.

    Lot size:
    0.36 Acres

    Property Features for 153 N 2Nd St

    General Information

    Lot size
    0.36 Acres

    Building Details

    Year built
    1966

    We can help!

    Listing Contact
    Alan Fritz Lathrop
    Source: Elliman

    Listing Agent: Alan Fritz Lathrop

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Two Commercial Units For Sale

    This property features two commercial units, each approximately 25 x 20, offering open space. The unit on the right has new floors and fresh paint, with separate front and back entrances. The unit on the left is about the same size and includes central air. Each unit has separate gas and electric meters. An additional electric meter powers the lighted sign at the road front. Customer parking is available in the front for approximately 20 cars, with additional parking on the side and rear. Located on a busy road with an average daily traffic of 12,000 to 15,000 cars, this property offers high visibility.
    Location Intelligence

    Current Use by Public Records

    Tetro's Team Auto Used Car Dealer

    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
    Fulton
    County
    Oswego
    State
    New York
    Longitude
    -76.4162119
    Latitude
    43.328562

    Nearby Similar for Sale

    • $850,000
      6,488 SF

      Landmark Restaurant with River Views

      Restaurant, bar, and patio with views of Oswego River.
      24 S 1St St, Fulton, NY 13069
      View Details
    • $445,000
      7,293 SF

      Fulton Retail Investment Opportunity

      Turn-key retail property in Fulton, NY with high visibility.
      201 Seneca St, Fulton, NY 13069
      View Details
    • $299,000
      2,242 SF

      Fulton Restaurant Property For Sale

      1,858 SF restaurant on State Route 3 in Fulton.
      720 W Broadway, Fulton, NY 13069
      View Details
    • $399,900

      Iconic Fulton Bar For Sale

      Corner lot establishment with pre-Prohibition bar and modern updates.
      601 W Broadway, Fulton, NY 13069
      View Details
    • Contact for pricing

      Redevelopment Opportunity in Fulton, NY

      81 x 173 foot lot, redevelopment opportunity.
      397 W 1St St S, Fulton, NY 13069
      View Details
    • $449,000
      14,168 SF

      Schuyler Street Commons Investment Opportunity

      Two-building property with income potential in Fulton, NY.
      113 Schuyler St, Fulton, NY 13069
      View Details
    • $124,900

      Corner Lot Two-Unit Property

      Two-unit property with detached garage and potential for owner occupancy.
      216 Phillips St, Fulton, NY 13069
      View Details
    • $199,900
      14,688 SF

      Former Erie Street School Building

      Former school building with potential for conversion to other uses.
      603 Erie St, Fulton, NY 13069
      View Details
    • Contact for pricing
      3,000 SF

      Medical Office in Fulton, NY

      3,000 SF medical office space in very good condition.
      201 S 2Nd St, Fulton, NY 13069
      View Details
    • $350,000
      7,380 SF

      Fulton Office Building For Sale

      Office building with 7,380 square feet of space in Fulton.
      314 Park St, Fulton, NY 13069
      View Details
    • $149,900
      4,800 SF

      Fulton Commercial Building & Land

      Spacious 4-acre commercial property with 6 overhead doors.
      127 Rathburn Rd, Fulton, NY 13069
      View Details
    • $297,000
      4,110 SF

      with multitude of businesses and residents all within walking distance to the property

      providing a tremendous customer base
      110 Rochester St, Fulton, NY 13069
      View Details

    FAQs

    What type of property is this?
    Retail space - Two commercial units with high traffic and separate utilities.
    Where is this retail space located?
    The property is located at 153 N 2Nd St Fulton, NY.
    What is the asking price?
    The asking price for this property is $224,900.
    What are key features of this property?
    This property features: - Two commercial units providing double income potential.; - High traffic location with 12-15,000 cars per day.; - Ample parking with space for approximately 20 cars in front, plus side and rear parking.
    (315) 565-0772
    Request Owner's contact information
    153 N 2Nd St Fulton, NY 13069
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    153 N 2Nd St
    Fulton, NY 13069
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    153 N 2Nd St Fulton, NY 13069
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Alan Fritz Lathrop
    (315) 565-0772
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.