17 Cayuga St Oswego, NY 13126-4000

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.