1104 Northside Shopping CtrOneida, NY 13421

Property Details for 1104 Northside Shopping Ctr

Year built

1974

Lot size

0.45 AC

Property size (Sq ft)

1,536 SF

Zone code

C

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

251201 30.46-1-4

APU

251201304614

Description

This exceptional mixed-use property, located at 1104 Northside Shopping Center in Oneida, New York (zip code 13421), presents a unique investment opportunity. The 3,000 square foot building sits on a 0.45-acre lot and is zoned for general commercial use, offering versatility for a variety of businesses. Currently configured as a dog day care center on the ground floor, the property also features a partially completed apartment on the second floor, providing potential for additional income or residential use. The building boasts a relatively new roof, installed approximately seven years ago, minimizing immediate maintenance concerns. Utilities include municipal water and a private sewer system. The property's strategic location adjacent to the Gorman Northside Plaza ensures high visibility and accessibility, making it an ideal location for a range of commercial ventures. The asking price is $259,000, translating to a price per square foot of $86.33. This represents a compelling opportunity to acquire a well-maintained, versatile commercial property in a desirable Oneida location. The property's existing infrastructure and prime location offer immediate potential for return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $473,142

  6.5%

  $436,747

  7%

  $405,550

• Comparable approach

  Method

  Valuation

  Relative Method

  $313,166

  Geo Method

  $311,075

• Alternative Use

  Use

  Valuation

  Residential

  $436,747

  Hospitality

  $400,058

  Educational

  $332,843

  Medical

  $344,290

  Retail

  $517,756

Location Insight

City

Oneida

County

Madison

State

New York

Latitude

43.1041

Longitude

-75.6612

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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