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    103 Peterboro St Canastota, NY 13032

    Sponsored
    For Sale
    $150,000

    High-Occupancy Corner Shop, Value-Add Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 100% occupied, mixed-use property located at 103 N Peterboro St, Canastota, NY 13032, presents a compelling investment opportunity. The single-story, 1-unit building, constructed in 1967, sits on a commercially zoned lot (Commercial-Business District, APN: 253601-036-054-0001-091-000-0000) and offers a blend of office, retail, and service spaces. Currently operating at full occupancy, this stabilized investment presents a strong value-add potential for future growth. The property boasts a successful history as a community corner shop, recently renovated to a high standard. Its prime location in Canastota, Madison County, New York, ensures high visibility and accessibility. The asking price is $150,000. This is a rare chance to acquire a well-maintained, income-generating property in a thriving commercial district. The property's versatility and strong occupancy rate make it an attractive investment for both seasoned and new investors seeking a stable and potentially lucrative return. Further details are available upon request.

    Property Features for 103 Peterboro St

    General Information

    Property type
    Mixed-use properties

    Building Details

    Year Built
    1967
    Buildings
    1
    Stories
    1
    Units
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    KeyBank Bank FedEx Drop Box Mailing Service The Magical Muse Metaphysical Supply Store

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Canastota
    County
    Madison
    State
    New York
    Longitude
    -75.751121753284
    Latitude
    43.079700102229

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    FAQs

    What type of property is this?
    Mixed-use property - High-Occupancy Corner Shop, Value-Add Potential
    Where is this mixed-use property located?
    The property is located at 103 Peterboro St Canastota, NY.
    What is the asking price?
    The asking price for this property is $150,000.
    Request Owner's contact information
    103 Peterboro St Canastota, NY 13032
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    Canastota, NY 13032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    103 Peterboro St Canastota, NY 13032
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