704 Utica St - Specialty FOR SALE


Oriskany, NY 13424
$269,900 USD
704 Utica St, Oriskany, NY for Sale
$269,900 USD
Specialty - FOR SALE
1/22
null | Request Cap Rate

704 Utica St
Oriskany, NY 13424


HIGHLIGHTS

  • Improvements: -$20,000 to the contractor for that phase of reno

OVERVIEW

Let your entrepreneurial spirit soar with this renovated, Multi use property in the vibrant Village of Oriskany! The building has experienced major renovations and improvements since 2020. Located conveniently, on the busiest street in Oriskany, 704 Utica Street boasts direct frontage and increased opportunities to the business owner. The second level is a 2 bedroom apartment that holds a set lease until December. Private parking available for tenants. Appliances included. Public water, sewer, gas and high speed internet. Superb space for continued income or option for owners home. The main level is an operating Laundromat. This type of business can realize a 15 to 35% ROI and is a needed resource for the local population. Totally overhauled by the seller and done RIGHT! Existing washers, dryers, vending machines, change machine, and various accessories will convey with the sale. Bathroom and additional work room adjoin the main public laundry space. Major improvements completed, but not limited to: rubber roof 2021, boiler 6 years old, blown in insulation, some new windows, new concrete poured to manufacturers specifications to properly accommodate washer equipment, cosmetic features include ceiling install, electric service rebuild, plumbing and gas redo, and new hot water heater. All utilities, maps, taxes and specific details on the property will be presented in an information book to all buyers at private showings. Whether building your investment portfolio, or bringing a commercial vision to life, 704 Utica Street could provide that avenue to success!

FOR SALE DETAILS

PRICE

$269,900 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

704 Utica St Laundromat

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

commercial

APN/PARCEL ID

307001-276-018-0002-045-002-0000

ASK ABOUT THIS PROPERTY

Robin MongeauRiver Hills PropertiesMore Info

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Robin MongeauRiver Hills PropertiesMore Info

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