Share This Listing

Message

966 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

142 W 2nd St 5,610 SF 100% Leased Retail Building Oswego, NY 13126 $599,000 ($106.77/SF) 6.65% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Downtown location 2 blocks from Bridge St
  • Residential rents are low, could be twice as much

EXECUTIVE SUMMARY

This prime downtown mixed-use property offers stable income and appreciation potential in the heart of Oswego's vibrant commercial district. The 6,600 SF building features seven well-maintained units: three ground-floor commercial spaces and four one-bedroom upstairs residential apartments, with strong occupancy and tenant-paid utilities minimizing owner expenses. All units have separate utilities, forced air and central air. Situated on West Second Street, the property sits steps from the Oswego Cinema 7 (at 138 W 2nd St), boutique shops, restaurants, and the scenic Oswego River waterfront. Oswego's historic port city charm, proximity to Lake Ontario, SUNY Oswego campus influence, and ongoing downtown revitalization drive foot traffic and rental demand. This turnkey investment suits owner-users or passive investors seeking reliable returns with great appreciation!

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
5,610 SF
Building Class
C
Year Built
1990
Price
$599,000
Price Per SF
$106.77
Cap Rate
6.65%
NOI
$39,834
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Zoning
TD - 482 - Mixed Use...
Frontage
33’ on W 2nd St

AMENITIES

  • Air Conditioning
Walk Score®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

NBT Bank
Chase Bank
Ymca
CrossFit
Community Bank
Keybank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
351200-128-054-0006-005-000-0000
Land Assessment
$80,000 (2024)
Improvements Assessment
$220,000 (2024)
Total Assessment
$300,000 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 39112639

  • Date on Market: 1/16/2026

  • Last Updated:

  • Address: 142 W 2nd St, Oswego, NY 13126

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}