4826 Salina StPulaski, NY 13142

Property Details for 4826 Salina St

Year built

1950

Lot size

0.05 AC

Property size (Sq ft)

3,822 SF

Zone code

05 - COMMERCIAL

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

355001 059.16-02-01

APU

355001059160201

Description

This exceptional commercial property at 4826 Salina Street in Pulaski, NY, presents a unique investment opportunity. Boasting a substantial 5,096 square feet of space, this building has served as the long-standing home of the Salmon River Sport Shop for nearly five decades. The property is being offered in "as-is" condition and is situated on a conveniently sized 0.05-acre lot. The building's current configuration includes three apartments on the upper level, offering significant potential for conversion back to four separate rental units, generating substantial rental income. This presents a versatile opportunity for a variety of commercial uses, from retail to office space, or a combination thereof. The building's prime location along the Salmon River offers high visibility and accessibility. The property's rich history and established presence in the community provide a solid foundation for future success. Investors and entrepreneurs alike will appreciate the potential this property holds for redevelopment and long-term growth. The asking price of $175,000 makes this an attractive proposition in the current market. Don't miss this chance to acquire a piece of Pulaski's history and capitalize on its future potential.

• CAP approach

  CAP return

  Valuation

  6%

  $617,189

  6.5%

  $569,713

  7%

  $529,019

• Comparable approach

  Method

  Valuation

  Relative Method

  $349,171

  Geo Method

  $499,383

• Alternative Use

  Use

  Valuation

  Residential

  $706,444

  Hospitality

  $647,099

  Educational

  $538,379

  Medical

  $556,894

  Retail

  $837,478

Location Insight

City

Pulaski

County

Oswego

State

New York

Latitude

43.566

Longitude

-76.1269

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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