16-20 Lewis ST, Oneonta, NY 13820
16-20 Lewis ST, Oneonta, NY 13820
16-20 Lewis ST, Oneonta, NY 13820
16-20 Lewis ST, Oneonta, NY 13820
16-20 Lewis ST, Oneonta, NY 13820
16-20 Lewis ST, Oneonta, NY 13820
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$ 450,000
Est. payment | /mo

6,400 SqFt


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$ 450,000
Est. payment | /mo
Save

6,400 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,400 sqft

Price per Sqft $70

MLS Listing ID R1703816

Construction Status Existing

HOA Y/N No

Year Built 1920

Annual Tax Amount $5,172

Lot Size 1.250 Acres

Acres 1.25

Lot Dimensions 130X254

Property Sub-Type Commercial

Property Description

SUPER COMMERCIAL INVESTMENT OPPORTUNITY! 1.25 ACRES in the City of Oneonta at the corner of Lewis St and Delaware Ave. The property consists of a house with large extension that is currently rented to two businesses, 34 storage units and rented parking/storage spots. As you can tell from the photos there is still a large lot that could be easily further developed.

Facility Breakdown:
9-10X20's Long Term tenants-$150/mo. Stick built on slab.
2-10X10's Long Term tenants-$75/mo Portable.
3-6X12's Mix long/short term-$65-$70/mo Portable.
20-5X10's short term college rentals-$55-$60/mo Portable.
3-Trailer parking spot-$50/mo.
All tenants (except one) are autopay, everything is automated through the website (occupancy agreements in place for all tenants). Credit Card Fee: 2.9% + $1.00 per successful charge. Custom website integrated with Unitrac software. URL is owned and will transfer with sale. All units currently rented as of 7/27. No utilities. All 5X10 units are expected to be vacant 9/1/26 (These are summer college rentals).
The portable units will be sold with the business as equipment inventory as they are portable and not permanent units/buildings.


16-20 Lewis Street:

2-Commercial tenants.
16 Lewis St is a long term tenant with a lease in place till summer 2027 $1300/mo.
20 Lewis St has been there for (10+years) but intends to eventually move out, date of move out is unknown at this time, tenant is on a month to month. $1600/mo.
Tenants pay heat/electric/garbage (separate utilities).
Heat is Natural gas.

Expenses for all the lots:
Water $550/yr.
Insurance is approximately $2,800/yr.
Software $360/yr.
Taxes:16-20 Lewis St $2,301.08 (School) & $1,690.29 (City).
13 Lewis St $219.15 (School) & $166.64 (City).
1 Delaware Ave $394.47 (School) & $299.97 (City).
Maintenance/landscaping/snow removal performed by owner/manager.


Total rent roll as of July 1st is approximately $5,855/month.

This listing also includes 13 Lewis Street and 1 Delaware Avenue, Tax Map# 300.7-2-10 and 300.7-2-45

Location

State NY

County Otsego

Area Oneonta-City-361200

Zoning 120

Direction Main Street Oneonta to Tilton Avenue. Left on Fair, Right on Hickory to Lewis and Delaware Streets.

Rooms

Basement Partial

Interior

Heating Gas, Baseboard

Flooring Carpet, Linoleum, Vinyl

Inclusions Land, Building and Business

Fireplace No

Exterior

Utilities Available Electricity Connected, Sewer Connected

Roof Type Architectural,Composition,Metal,Shingle

Total Parking Spaces 40

Building

Lot Description Rectangular, Rectangular Lot

Story 2

Sewer Public Sewer

Level or Stories Two

Structure Type Frame,Metal Siding

Construction Status Existing

Schools

School District Oneonta

Others

Tax ID 300.6-4-41.1

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Benson Agency Real Estate LLC 607-434-5972

NEARBY SCHOOL & BUSINESS

Karin Morabito

+1(585) 290-6410

karin@karinmorabitohomes.com

333 Metro Park, Rochester, NY 14623, USA

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