1901 NY-96A Rt - Mixed Retail FOR SALE


Ovid, NY 14521
$299,000 USD
607-228-0397
1901 NY-96A Rt, Ovid, NY for Sale
$299,000 USD
Mixed Retail - FOR SALE
1/9
null | Request Cap Rate

1901 NY-96A Rt
Ovid, NY 14521


HIGHLIGHTS

  • Immediate Cash Flow - Two occupied apartments provide rental income from day one with an established tenant base
  • Turnkey Commercial Space - Completely renovated with new flooring, drywall, bathrooms, and windows - move-in ready
  • Prime Location - Strategic NY Route 96A frontage offers high traffic visibility and commercial exposure.
  • Expansive Land - 2.3-acre Corner Lot provides ample parking and potential for future development or expansion
  • Modern Infrastructure - Newly installed forced air heat and new hot water systems throughout (tanks for apartments, on-demand for commercial)
  • Mixed-Use Flexibility - Zoning allows for various business ventures and income diversification

OVERVIEW

Mixed-use investment property on this 2.3 acre corner lot — fully renovated and generating income from day one. Two-month-to-month residential apartments are currently occupied, providing immediate cash flow while the commercial space sits vacant and ready for a new tenant or owner-occupant. The commercial space has been comprehensively renovated: new vinyl plank flooring, fresh drywall, updated bathrooms, energy-efficient windows, newly installed forced-air heating, and an on-demand hot water system. Both apartments have new hot water tanks. The 2.3-acre corner lot offers high-visibility frontage on a well-traveled corridor, ample parking, and room to grow. At $325,000, this is a compelling entry point into the Finger Lakes market — immediate rental income in place and a renovated commercial space ready for whatever fits your vision.

FOR SALE DETAILS

PRICE

$299,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mixed-Use Commercial on 2.3 Acres | Lodi, NY

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Mixed Retail

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

UTILITIES

Lighting, Gas - Propane, Water - Well, Sewer - City, Heating - Electric

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

2

LAND SF

87,120

ZONING

Com 1

APN/PARCEL ID

453089-019-000-0001-035-000-0000

ASK ABOUT THIS PROPERTY

Jason ScarbroughWarren Real Estate of IthacaMore Info
607-228-0397

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Jason ScarbroughWarren Real Estate of IthacaMore Info
607-228-0397

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.