115 3rd St Oswego, NY 13126-2019
- Investment properties
- 912 SF
- 0.08 lot acres
Current Use by Public Records
- Oswego Shopper / Advertising Agency
Property Details for 115 3rd St
- Year built
- 1970
- Lot size
- 0.08 lot acres
- Property size
- 912 SF
- Zone code
- TN2
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 351200 128.54-04-28
- APU
- 351200128540428
Description
This exceptional 1,824 square foot commercial property, located at 115 W 3rd St in the heart of Oswego, NY, presents a remarkable business opportunity. Situated on a 0.08-acre lot, this building offers both convenient off-street and ample street parking, ensuring easy access for customers and employees. The property's prime downtown location places it within walking distance of Oswego's vibrant shopping and dining district, maximizing visibility and foot traffic. The interior features a spacious open entry-level room, ideal for a variety of retail or office layouts. A galley kitchen equipped with appliances and a half bath add to the functionality. Upstairs, a loft area provides additional space, enhanced by carpeted flooring, foam insulation, and energy-efficient thermopane windows. A full, dry basement with high ceilings and a convenient exterior walkout offers significant potential for expansion or storage, significantly increasing the usable square footage. The building is equipped with a high-efficiency commercial-grade furnace and boasts a recently installed new shingle roof, minimizing maintenance concerns. The TN2 zoning allows for a range of mixed uses, making this property suitable for a diverse array of businesses. The asking price is $138,000, and the owner is open to considering lease options. This is a truly unique opportunity to establish or expand your business in a thriving downtown setting.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $90,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $85,000
- 6.5%
- $85,000
- 7%
- $90,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $95,000
- Geo Method
- $85,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $105,000
- Retail
- $80,000
- Mixed-Use
- $100,000
- Hospitality
- $100,000
- Educational
- $80,000
- Residential Income
- $105,000
- Energy
- $90,000
- Income-Based Land
- $80,000
- Food Service
- $80,000
Location Insight
- Map
- Local Demand
- City
- Oswego
- County
- Oswego
- State
- New York
- Longitude
- -76.5133
- Latitude
- 43.4566
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA
