Building Details

Tenancy Multi

Listing Agency: HUNT Commercial c***@aol.com Show Phone

Listed By: Dana Crocker · License #NY 30CR0374345

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 9:38PM

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Investment Insights

Based on property information with market context.

This multi-tenant office building is offered for sale as an investment property. One tenant, an eye doctor, is under a lease with 7 years remaining, with tenancy beginning in 2013. A second tenant, State Farm, operates on a month-to-month arrangement, with tenancy beginning in 2010.

A confidentiality agreement is required to review financial information. The property is located at 105 Nelson St in Cazenovia, New York.

Key Highlights

• Investment office building for sale with an in‑place 7‑year lease remaining with an eye doctor tenant
• Second tenant (State Farm) is on a month‑to‑month lease
• Eye doctor tenant has been in place since 2013

Property Analytics

Current Use

Eyecare of CNY Physician Costello Eye Physicians ... Medical Clinic Mr. Joseph Ditota Physician Dr. Astrid Ranaldi Physician Dr. Robert Becker Physician

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop HVAC Service Parking Lot & Garage Electrical Service Hair Salon

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

158

Businesses Nearby

Explore this area Business Placement

Demographics for 13035, NY

8,226

Population

3,345

Households

2.5

Avg Household Size

46

Median Age

53%

College-Educated

96%

High-School Grad

75.2 sq mi

ZIP Area

109

Density / Sq Mi

$110,972

Median Household Income

$43,864

Median Earnings

$1,202

Median Rent

$276,600

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Investment office building with an in-place 7-year lease to an eye doctor and a month-to-month State Farm tenant.

Where is this office building located?

The property is located at 105 Nelson St Cazenovia, NY.

What are key features of this property?

This property features: Investment office building for sale with an in‑place 7‑year lease remaining with an eye doctor tenant; Second tenant (State Farm) is on a month‑to‑month lease; Eye doctor tenant has been in place since 2013