408 Miller St, Oriskany, NY 13424-5048
This exceptional 2,360 square foot commercial property in Oriskany, NY, presents a unique investment opportunity. Situated on a 0.22-acre lot at 408 Miller Street, this property seamlessly blends commercial and residential space, offering unparalleled flexibility. The building's layout allows for a variety of uses, from operating a business from the commercial space while residing in the attached apartment, to generating rental income from the apartment to offset operational costs. The apartment itself boasts a spacious and comfortably sized bedroom filled with natural light, a large living room perfect for entertaining, and a fully modernized kitchen featuring a sizable island ideal for cooking, dining, or casual gatherings. The inclusion of in-unit laundry adds to the convenience. All rooms have been updated with modern finishes and fixtures, ensuring a move-in ready condition. The property is priced at $199,900 and offers significant potential for return on investment, whether through business operations or rental income. This is a rare opportunity to acquire a versatile property in a desirable location. The property is also listed under a separate residential MLS number.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
01 - NOT ZONED · Oriskany, NYOriskany. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.