215 BroadwayFulton, NY 13069

Property Details for 215 Broadway

Year built

1968

Lot size

0.08 AC

Property size (Sq ft)

1,781 SF

Zone code

C2

Property type

Investment properties

Property subtype

Live-work space

APN

350400 253.23-02-03

APU

350400253230203

Description

This exceptional mixed-use property, located at 215 W Broadway in the heart of Fulton, NY, presents a compelling investment opportunity. The building boasts a substantial 2,446 square feet of space, offering versatility for a variety of commercial and residential uses. Situated on a conveniently sized 0.08-acre lot, the property benefits from excellent visibility and accessibility within the downtown area. The asking price of $120,000 represents a significant value for a property of this size and location in Fulton. The existing structure provides a solid foundation for immediate occupancy or redevelopment, allowing for customization to suit a wide range of business needs. Whether you envision a retail space, office, or a combination of commercial and residential uses, this property offers the flexibility to adapt to your specific requirements. Its prime downtown location ensures high foot traffic and easy access to local amenities, making it an ideal choice for entrepreneurs and investors seeking a strong foothold in the Fulton market. The property's potential for increased value through renovation or expansion further enhances its appeal. Serious inquiries are encouraged to explore the possibilities this unique mixed-use building offers. Don't miss this chance to acquire a valuable asset in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $287,602

  6.5%

  $265,478

  7%

  $246,516

• Comparable approach

  Method

  Valuation

  Relative Method

  $162,709

  Geo Method

  $232,705

• Alternative Use

  Use

  Valuation

  Residential

  $329,193

  Hospitality

  $301,539

  Educational

  $250,877

  Medical

  $259,505

  Retail

  $390,253

Location Insight

City

Fulton

County

Oswego

State

New York

Latitude

43.3153

Longitude

-76.4201

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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