4 Slocombe Ave Marcellus, NY 13108
Updated mixed-use building offering multiple commercial spaces and a 2-bedroom apartment with dedicated parking.
- Added:
- Aug 16, 2025
- Days on Market:
- 331
- Last Refresh:
- Jun 24 at 6:20 am
Property Features for 4 Slocombe Ave
General Information
- Standard status
- Active
- Size
- 7,584 SF
Listing office Howard Hanna Real Estate (315) 487-0040
Listing date Aug 16, 2025
Source Exprealty
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Investment Insights
Based on property information with market context.
The lower level features high ceilings and was previously used as a daycare, with direct walk-out access to the back parking lot for potential loading or unloading. The property includes 8 designated parking spaces, along with additional spaces shared with the town; the town maintains the parking lot. An electric charging port is also available.
With mixed-use zoning and a mix of office-ready rooms, a large flex area, and a walk-out lower level, the building can support a range of business and service uses. A buyer or operator can also consider occupying portions of the commercial space while generating residential income from the top-floor apartment, while leveraging the on-site parking layout for tenant and customer convenience.
Key Highlights
- Updated mixed‑use building with 3 commercial/mixed‑use spaces and a 2‑bedroom apartment on the top floor
- Recently transformed exterior: new siding, roof, windows, porches, steps, and gutters
- Commercial layout includes 3 office spaces plus a large front flex space, with multiple possible uses
Local Financial Insights For Industrial
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 | $52.3k | $6.89 |
| − Vacancy | −$3.6k | −$0.48 |
| EGI | $48.6k | $6.41 |
| − OpEx | −$14.6k | −$1.92 |
| NOI | $34.1k | $4.49 |