For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    C2 Zoned Commercial Property Title is generated by Realmo AI

    34 Roosevelt Drive, Whitesboro, NY 13492

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Commercial property with high visibility in a bustling business district.

    Type:Retail, Land
    Property size:
    1,866 SF
    Price / SF:
    $120/SF
    Added:
    Jan 21, 2024
    Days on Market:
    871
    Last Refresh:
    May 12 at 10:04 pm

    Property Features for 34 Roosevelt Drive

    General Information

    Standard status
    Active
    Size
    1,866 SF
    Property subtype
    Retail, Land

    We can help!

    Listing Contact
    Nicole Bartolomie-Nucci

    Listing agent Nicole Bartolomie-Nucci License #NY

    Listing office Coldwell Banker Prime Properties

    Listing date Jan 21, 2024

    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 Coldwell Banker Prime Properties

    HighLights

    • C2 Commercial zoning in a high‑traffic, highly visible location.
    • Approved for converted residential use.
    • 1866 square feet of space with a versatile layout including a kitchen, bathroom, and multiple multi‑use rooms.
    • Additional rooms upstairs for office space or storage.
    • New furnace and hot water tank.
    • Ample on‑site and on‑street parking.

    Overview

    This property, zoned C2 Commercial, presents an opportunity for business owners and entrepreneurs. It benefits from a high traffic count and excellent visibility within a busy business district. The property encompasses 1866 square feet. The main floor features a kitchen, a bathroom, and three to four multi-use rooms, suitable for various business needs. Additionally, there are three rooms upstairs, which could serve as office space or storage. On-site parking is available, complemented by on-street parking. A new furnace and hot water tank have been installed. The property is also approved for converted residential use.

    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 $28.0k $15.00
    − Vacancy −$1.2k −$0.63
    EGI $26.8k $14.37
    − OpEx −$8.0k −$4.31
    NOI $18.8k $10.06
    1,866 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $268.1K
    $234.6K – $312.8K (±1% cap)
    NOI $18,770 @ 7.0% cap · market cap 8.34%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $491.7K
    $430.3K – $573.7K (±1% cap)
    NOI $34,421 @ 7.0% cap · market cap 15.30%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Whitesboro
    County
    Oneida
    State
    New York
    Longitude
    -75.2948231
    Latitude
    43.1231898

    FAQs

    What type of property is this?
    Retail space - Commercial property with high visibility in a bustling business district.
    Where is this retail space located?
    The property is located at 34 Roosevelt Drive Whitesboro, NY.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: C2 Commercial zoning in a high‑traffic, highly visible location.; Approved for converted residential use.; **1866 square feet of space with a versatile layout including a kitchen, bathroom, and multiple multi‑use rooms.**
    More about this property
    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