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Commercial Property on Oriskany Street

1700 Oriskany St W, Utica, NY 13502

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For Sale

Contact for pricing

Prime commercial property with high visibility and renovation.

Type:Business for Sale, Special Purpose

Property size:

4,550 SF

Lot size:

1.02 Acres

Price / SF:

$197/SF

HighLights

Prime commercial property on Oriskany Street with high traffic volume.
1.02 acres of land with 210 feet of road frontage.
Approximately 4,550 sq ft building renovated since 2018.
Parking for 60 vehicles.
Proximity to Mohawk Valley Hospital, Wolfspeed, Metro Utica, NEXUS Center, Rome, and Griffiss Business Park.
Public utilities: natural gas, public water/sewer, and high‑speed internet.

We can help!

Contact an agent

Robin Mongeau

For Sale

Contact for pricing

Prime commercial property with high visibility and renovation.

Type:Business for Sale, Special Purpose

Property size:

4,550 SF

Lot size:

1.02 Acres

Price / SF:

$197/SF

Added:: Mar 15, 2023
Days on Market:: 1210
Last Refresh:: May 12 at 9:06 pm

Property Features for 1700 Oriskany St W

General Information

Standard status: Active
Size: 4,550 SF
Lot size: 1.02 Acres
Property subtype: Business for Sale, Special Purpose

Building Details

Year Built: 1997

We can help!

Contact an agent

Robin Mongeau

Listing office River Hills Properties

Listing date Mar 15, 2023

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 River Hills Properties

HighLights

Prime commercial property on Oriskany Street with high traffic volume.
1.02 acres of land with 210 feet of road frontage.
Approximately 4,550 sq ft building renovated since 2018.
Parking for 60 vehicles.
Proximity to Mohawk Valley Hospital, Wolfspeed, Metro Utica, NEXUS Center, Rome, and Griffiss Business Park.
Public utilities: natural gas, public water/sewer, and high‑speed internet.

Overview

This commercial property is located on Oriskany Street in Utica, NY. The property includes land and a building with approximately 4,550 square feet of interior space. The building, formerly Elite Car Wash, has undergone a complete renovation since 2018. The property's location offers potential for various uses. A new survey indicates the property encompasses 1.02 acres. The site features 210 feet of road frontage on a road with high traffic volume and parking space for 60 vehicles. Public utilities available include natural gas, public water and sewer, and high-speed internet. The property is located in close proximity to the new Mohawk Valley Hospital, Wolfspeed, Metro Utica, and the NEXUS center, and is minutes away from Rome and the Griffiss Business Park.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$73.7k	$16.20
− Vacancy	−$3.8k	−$0.84
EGI	$69.9k	$15.36
− OpEx	−$17.5k	−$3.84
NOI	$52.4k	$11.52

4,550 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$748.7K

$655.1K – $873.5K (±1% cap)

NOI $52,408 @ 7.0% cap · market cap 5.82%

Second Best

Retail

$653.8K

$572.1K – $762.8K (±1% cap)

NOI $45,768 @ 7.0% cap · market cap 5.09%

Theoretical Best

Office A

$1.20M

$1.05M – $1.40M (±1% cap)

NOI $83,931 @ 7.0% cap · market cap 9.33%

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

Property Profile Location Intelligence

Current Use by Public Records

Utica Auction House Trade Show Venue Clean Car Autos ... Car Wash

Suggested Use

Location Insight

Map
Local Demand

City: Utica
County: Oneida
State: New York
Longitude: -75.255009
Latitude: 43.110908

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For sale
Car washes
NY
Utica
13502
1700 Oriskany Street W

What type of property is this?

Car wash - Prime commercial property with high visibility and renovation.

Where is this car wash located?

The property is located at 1700 Oriskany St W Utica, NY.

What is the asking price?

The asking price for this property is $899,900.

What are key features of this property?

This property features: Prime commercial property on Oriskany Street with high traffic volume.; 1.02 acres of land with 210 feet of road frontage.; Approximately 4,550 sq ft building renovated since 2018.