17 Cayuga St Oswego, NY 13126-4000
- Investment properties
- 15,840 SF
- 0.09 lot acres
Current Use by Public Records
- North Coast Yoga / Yoga Studio / Meditation Instructor
- Authentic Beauty / Spa
- The Cellar Door / Brewpub / Bar
- Woodruff Block / Historical Landmark
Property Details for 17 Cayuga St
- Year built
- 1950
- Lot size
- 0.09 lot acres
- Property size
- 15,840 SF
- Zone code
- TD
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 351200 128.46-04-14
- APU
- 351200128460414
Description
This exceptional investment opportunity presents a beautifully preserved, four-story mixed-use building located at 17 W Cayuga St, Oswego, NY 13126. The property boasts 19,800 square feet on a 0.09-acre lot, zoned TD. Currently operating at 100% occupancy, the building comprises ten units: a thriving restaurant and bar in the finished basement, professional office space on the first floor, and seven residential apartments (six two-bedroom and one one-bedroom) on the upper three floors. The first-floor commercial space is adaptable and alternative usage plans are available. The building offers a significant advantage with its own parking, supplementing ample street parking. This property generates substantial annual revenue with potential for further growth. The asking price is $1,195,000, projecting a pro-forma cap rate of 7.85%. A 2,394 sq ft suite is also available for lease (MLS# S1525907). Oswego's strategic location, approximately 30 miles from Micron's substantial Upstate NY investment, presents exceptional long-term growth potential. This unique property offers a compelling blend of established income and future upside in a vibrant downtown setting.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $370,000
- 6.5%
- $340,000
- 7%
- $310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $390,000
- Geo Method
- $330,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $345,000
- Retail
- $310,000
- Mixed-Use
- $330,000
- Hospitality
- $375,000
- Educational
- $375,000
- Residential Income
- $305,000
- Energy
- $355,000
- Income-Based Land
- $340,000
- Food Service
- $395,000
Location Insight
- Map
- Local Demand
- City
- Oswego
- County
- Oswego
- State
- New York
- Longitude
- -76.5124
- Latitude
- 43.458
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA
