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Property profile & analytics
OFF-MARKET
Industrial properties

107 Central Ave Owego, NY 13827

Built 1930
Property ID
Property summary
AI-generated overview

This exceptional industrial property, located at 107 Central Avenue in the vibrant village of Owego, New York, presents a unique investment opportunity. Situated on a double lot, this building offers a substantial 10,000 square feet of space, divided equally between two floors, each boasting 5,000 square feet. The open layout provides immense flexibility for a variety of uses, making it ideal for an art studio, dance studio, or numerous other businesses. The building's robust construction features solid I-beams and posts, along with 12x2 floor joists, capable of supporting significant weight, including a car. The lower level conveniently includes a garage bay opening. Both floors benefit from abundant natural light. Significant upgrades were completed in 2011, including the installation of three-phase electric service and two new furnaces, ensuring efficient and reliable operation. The basement provides additional usable space with 9-foot-6-inch ceilings. The first floor offers added convenience with a kitchen, bedroom, and a partially finished, functional bathroom. The property's prime location offers easy access to Route 17 and Route 434, placing it within close proximity to local shops and restaurants. This property is listed under tax map numbers 128.08-7-48 (105-107 Central) and 128.08-7-49 (103 Central). The asking price is $145,000.

Property profile
Verified
Property type Industrial properties
Year built 1930
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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