Property summary
This exceptional retail property, located at 105-107 Central Ave in Owego, NY, presents a unique investment opportunity. The 5,250 square foot building, constructed in 1930, sits on a substantial 16,553 square foot double lot, offering ample parking. The property is classified as Class C and boasts a spacious open layout, perfect for a variety of uses. The building features two floors, each approximately 5,000 square feet, with a solid I-beam and post construction and 12x2 floor joists. The ground floor includes a garage bay opening, adding to its versatility. Significant upgrades were completed in 2011, including the installation of three-phase electric and two new furnaces. The basement provides additional space with 9-foot-6-inch ceilings. The first floor offers a functional kitchen, bedroom, and a partially finished bathroom. This prime Owego location offers convenient access to Routes 17 and 434, placing it near shops and restaurants. The asking price is $145,000, translating to $27.62 per square foot. Tax map numbers are 128.08-7-48 and 128.08-7-49. This property is ideal for a variety of businesses seeking a well-maintained space with significant potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
ZONE · Owego, NYZoning
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Zoning designation
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