Flex Building with Office and
For Sale
$250,000
24 Ohio St, Oswego, NY 13126
Flex-style building offering office space, workshop zones, and storage, plus outdoor area for parking and snow management.
Property Size3,000 SF
Price / SF$83.33
Days on Market19
Property Features for 24 Ohio St
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Commercial
Building Details
Year Built
1980
Listing Agency:
CENTURY 21 - Galloway Realty | Oswego
(315) 342-2111
Listed By:
Jeffrey Tonkin
(315) 342-2111
Source:
Elliman
Added: Jul 12
Changed: Jul 13
Last Checked: Jul 30 at 6:35AM
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 CENTURY 21 - Galloway Realty | Oswego
Investment Insights
Based on property information with market context.
This for-sale commercial building provides a flexible setup for businesses needing both work and storage. The layout includes a combination of office space, workshop zones, and storage areas designed to support multiple day-to-day functions under one roof.
The property is located in a rapidly developing area of the City of Oswego. It also features ample outdoor space that can accommodate extra parking for staff and clients, with practical room for snow management during the winter months.
With more than one functional area in place, the building is well suited for users looking to combine client-facing space with operational and storage needs.
The property is located in a rapidly developing area of the City of Oswego. It also features ample outdoor space that can accommodate extra parking for staff and clients, with practical room for snow management during the winter months.
With more than one functional area in place, the building is well suited for users looking to combine client-facing space with operational and storage needs.
Key Highlights
- Commercial building built in 1980
- Just over 3,000 SF with office, workshop, and storage zones
- Flex‑style layout for expanding operations, workshops, storage, and client‑facing office space
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.4k | $9.48 |
| − Vacancy | −$1.9k | −$0.64 |
| EGI | $26.5k | $8.84 |
| − OpEx | −$4.0k | −$1.33 |
| NOI | $22.5k | $7.51 |
3,000 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$553.6K
$484.4K – $645.8K
NOI $38,750 @ 7.0% cap · market cap 15.50%
Second Best
Office B
$451.3K
$394.9K – $526.5K
NOI $31,590 @ 7.0% cap · market cap 12.64%
Theoretical Best
Office A
$598.4K
$523.6K – $698.1K
NOI $41,887 @ 7.0% cap · market cap 16.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
744
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 13126, NY
35,477
Population
15,668
Households
2.3
Avg Household Size
36
Median Age
29%
College-Educated
92%
High-School Grad
100.7 sq mi
ZIP Area
352
Density / Sq Mi
$63,590
Median Household Income
$30,469
Median Earnings
$992
Median Rent
$134,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex-style building offering office space, workshop zones, and storage, plus outdoor area for parking and snow management.
Where is this flex space located?
The property is located at 24 Ohio St Oswego, NY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Commercial building built in 1980; Just over 3,000 SF with office, workshop, and storage zones; Flex‑style layout for expanding operations, workshops, storage, and client‑facing office space
