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Investment Highlights
- Diverse income mix with 8 commercial and 2 residential tenants, including retail, office, salon, personal services, catering, and apartments.
- Strategic location at a key Oswego River crossing with direct connectivity to State Routes 48, 481, and County Route 57, maximizing visibility and com
- Positioned near regional growth drivers such as Micron’s development initiatives and upcoming expansion at the nearby nuclear power facility, enhancin
- Includes three renovated buildings and a vacant parcel allowing for additional parking or future development.
- Significant renovations within the past decade, including updated heating systems, new windows and doors, and remodeled interior spaces.
Executive Summary
DEVELOPMENT SITE or INVESTMENT OPPORTUNITY. Prime commercial zone with 3 buildings and a vacant lot across the street -- 8 Commercial and 2 Residential Tenants. Retail, Office, Salon, Personal Services, Catering, and Apartments. With the regional development of Micron and the forward motion of an expansion at the nearby nuclear power facility, Minetto is in a prime spot for growth and is a major crossroad to so many daily commuters! One of the few bridges crossing the Oswego River, connecting traffic to and from St Rt 48, St Rt 481, Co Rt 57 -- creating nice traffic visibility and exposure. This package includes a vacant parcel for additional parking and snow management in the winter. Each building has seen significant renovation over the past 10 years with most spaces being remodeled, updated heating systems, mostly new windows and doors, and more.
Property Facts
| Price | $1,250,000 | Number of Properties | 3 |
| Price / SF | $132.61 / SF | Individually For Sale | 0 |
| Cap Rate | 6.98% | Total Building Size | 9,426 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.46 AC |
| Status | Active |
| Price | $1,250,000 |
| Price / SF | $132.61 / SF |
| Cap Rate | 6.98% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 9,426 SF |
| Total Land Area | 1.46 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 6 County Route 24, Minetto, NY 13115 | Retail | 3,800 SF | 1930 | - |
| 2775 State Route 48, Minetto, NY 13115 | Retail | 3,066 SF | 1929 | - |
| 2779-2781 State Route 48, Minetto, NY 13115 | Retail | 2,560 SF | 1948 | - |
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