17 Cayuga StOswego, NY 13126

For Sale
$1,195,000

Historic Downtown Oswego building, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
94
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.

Highlights

  • Asking Price: $1,195,000
  • Property Type: Mixed-use building (commercial & residential) on 0.09 acres, 19,800 square feet, four stories, with 10 units.
  • Pro-Forma Cap Rate: 7.85%
  • 100% Occupancy
  • Located at 17 W Cayuga St, Oswego, NY 13126, with on-site parking.

Property Details for 17 Cayuga St

Property type
Other specialty properties, Other land
Square Feet
19,800 SF
Stories
4
Lot Size (sq. ft)
3,920 SF
Units
10

Location Insight

City
Oswego
County
Oswego
State
New York
Latitude
43.4579957
Longitude
-76.5122944
17 Cayuga St, Oswego, New York

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17 Cayuga St
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