Property profile

15 Seneca Ave Oneida, NY 13421

FOR SALE
Investment properties
Property ID
US63-5714306
7,424 SF 0.45 ac lot Built 1935
Individually Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

This expansive 12,800 square foot commercial building at 15 Seneca Ave, Oneida, NY 13421 presents a remarkable investment opportunity. Currently configured as a mixed-use space, including auto shop and storefront areas, this property offers unparalleled versatility. The main floor features a large showroom with ample display windows and several offices, ideally suited for vehicle sales or repair – motorcycles, ATVs, snowmobiles, or similar. The substantial basement provides extensive workshop space, ample storage, and another large storefront area. This adaptable layout allows for a wide range of commercial uses, limited only by the buyer's imagination. The building's prime location in Oneida ensures high visibility and significant traffic. While tax records indicate a slightly smaller square footage, blueprints confirm the 12,800 square foot total. The asking price is $395,000, translating to $30.86 per square foot. Future sewer improvements will further enhance the property's value. This is a rare chance to acquire a substantial commercial property with immense potential in a thriving New York location. Don't miss this opportunity to shape the future of this versatile building.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1935
Total area 7,424 SF
Lot 0.45 ac (19,800 SF)
Zoning code 01 - NOT ZONED
APN 306001 321.015-1-25
UPID US63-5714306

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash

Location

15 Seneca Ave Oneida, NY 13421
Oneida metro Census 24900 UTICA-ROME, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2007
2 recorded transactions
2007
$320,000
2007
Price N/A

Zoning & alternative use

01 - NOT ZONED · Oneida, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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