69 Brg St Oswego, NY 13126
- Investment properties
- 3,024 SF
- 0.27 lot acres
Current Use by Public Records
- American Legion-Post 268 / Non-Profit Organization
Property Details for 69 Brg St
- Year built
- 2003
- Lot size
- 0.27 lot acres
- Property size
- 3,024 SF
- Zone code
- TD
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 351200 128.48-06-24
- APU
- 351200128480624
Description
This exceptional 13,186 square foot commercial property at 69 W Bridge St, Oswego, NY, presents a rare opportunity to acquire a piece of Oswego's history. Built in 1947, this iconic stone building boasts a rich heritage, originally serving as a church. The property sits on a 0.37-acre lot and offers significant versatility. The lower level houses a fully equipped bar and kitchen, ideal for restaurant or event hosting. Upstairs, a spacious banquet hall is perfect for weddings, corporate events, or community gatherings. This adaptable space allows for a wide range of uses, catering to diverse business needs. A significant advantage is the on-site parking located on the north side of the building—a highly desirable feature in the downtown area. Currently enjoying a tax-exempt status under its previous ownership, this property offers substantial financial benefits. The building's prime downtown location and unique character make it an attractive investment for entrepreneurs, community organizations, or anyone seeking a prominent presence in the heart of Oswego. The asking price is $450,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $325,000
- 7%
- $315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $285,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $245,000
- Mixed-Use
- $335,000
- Hospitality
- $330,000
- Educational
- $330,000
- Residential Income
- $285,000
- Energy
- $280,000
- Income-Based Land
- $285,000
- Food Service
- $340,000
Location Insight
- Map
- Local Demand
- City
- Oswego
- County
- Oswego
- State
- New York
- Longitude
- -76.5055
- Latitude
- 43.4586
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA