105-107 Central Ave, Owego, NY 13827
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
ZONE · Owego, NYOwego. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.