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    Utica Investment Opportunity For Sale Title is generated by Realmo AI

    1425 Lincoln Ave, Utica, NY 13502

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    Modified gross investment opportunity with a 10-year lease.

    Type:Retail
    Property size:
    15,060 SF
    Price / SF:
    $125/SF
    Added:
    Mar 10, 2026
    Days on Market:
    110
    Last Refresh:
    Mar 19 at 10:22 pm

    Property Features for 1425 Lincoln Ave

    General Information

    Standard status
    Active
    Size
    15,060 SF
    Property subtype
    Retail

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    John Jweid
    John Jweid

    Listing office Pavia Real Estate

    Listing date Mar 10, 2026

    Source Crexi

    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 Pavia Real Estate

    HighLights

    • 10‑year lease commenced in 2021 provides stable, long‑term income.
    • Modified gross lease structure.
    • High traffic location on Route 12 with 36,000 ± vehicles per day.
    • Two five‑year renewal options offer potential for extended investment.
    • 272’ ± road frontage on Lincoln Avenue provides excellent visibility.
    • Signage on Route 12 enhances brand exposure.

    Overview

    This commercial property in Utica, New York, presents a modified gross investment opportunity. The property is currently leased to Caliber Collision under a 10-year lease that commenced in 2021, with options for two five-year renewals. The site benefits from access on Lincoln Avenue, featuring approximately 272 feet of road frontage. Signage is visible on Route 12, which experiences a traffic volume of approximately 36,000 vehicles per day. The property is suitable for auto shops, automotive purposes, retail, NNN properties, and specialty purposes. The property size is 15,060 square feet.

    Local Financial Insights For Retail

    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 $225.9k $15.00
    − Vacancy −$9.5k −$0.63
    EGI $216.4k $14.37
    − OpEx −$64.9k −$4.31
    NOI $151.5k $10.06
    15,060 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.16M
    $1.89M – $2.52M (±1% cap)
    NOI $151,489 @ 7.0% cap · market cap 7.99%
    Second Best
    Industrial
    $1.33M
    $1.16M – $1.55M (±1% cap)
    NOI $93,142 @ 7.0% cap · market cap 4.92%
    Theoretical Best
    Office A
    $3.97M
    $3.47M – $4.63M (±1% cap)
    NOI $277,803 @ 7.0% cap · market cap 14.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Caliber Collision — 1430 Lincoln Ave, Utica, NY 13502
    • Monopoli's Auto Repair — 1345 Oneida St, Utica, NY 13501
    • Noyes Street Alignment & Brake — 1400 sunset ave, utica, ny 13502
    • Winston's Auto — 314 Mortimer St, Utica, NY 13501
    • Noyes Street Brake & Alignment LLC — 1400 Sunset Ave, Utica, NY 13502

    Location Insight

    • Map
    • Local Demand
    City
    Utica
    County
    Oneida
    State
    New York
    Longitude
    -75.25081
    Latitude
    43.096466

    FAQs

    What type of property is this?
    Auto shop - Modified gross investment opportunity with a 10-year lease.
    Where is this auto shop located?
    The property is located at 1425 Lincoln Ave Utica, NY.
    What is the asking price?
    The asking price for this property is $1,895,000.
    What are key features of this property?
    This property features: 10‑year lease commenced in 2021 provides stable, long‑term income.; Modified gross lease structure.; **High traffic location on Route 12 with 36,000 ± vehicles per day.**
    (315) 269-4081 Call to check price and availability
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