113-117 Schuyler StFulton, NY 13069

Property Details for 113-117 Schuyler St

Year built

2003

Lot size

0.92 AC

Property size (Sq ft)

7,168 SF

Zone code

M1

Property type

Super regional malls

APN

350400 236.62-02-15

APU

350400236620215

Description

This exceptional commercial property, known as "Schuyler Street Commons," presents a compelling investment opportunity in Fulton, New York. Comprising two buildings totaling 14,168 square feet, this property boasts a strong annual revenue exceeding $80,000 from its current tenants. The strategic location at 113-117 Schuyler Street offers unparalleled visibility and accessibility, situated conveniently off State Route 48, directly across from a Price Chopper supermarket and adjacent to a newly constructed O'Reilly Auto Parts store. This prime location ensures high foot traffic and easy tenant recruitment. Currently, one unit is vacant, providing a unique opportunity for owner-occupancy or the addition of a new, high-value tenant. The property's versatile layout is ideally suited for medical or professional office uses, making it an attractive option for a wide range of businesses. The asking price for this income-generating asset is $449,000. This represents a significant opportunity to acquire a well-located, established commercial property with substantial earning potential in a thriving market. The property's existing tenant base and high visibility make it an attractive investment for both seasoned and new investors seeking a strong return on investment. Don't miss this chance to own a piece of Fulton's commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $1,701,542

  6.5%

  $1,570,655

  7%

  $1,458,465

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,650,236

  Geo Method

  $2,360,158

• Alternative Use

  Use

  Valuation

  Residential

  $1,324,906

  Hospitality

  $1,213,607

  Educational

  $1,009,707

  Medical

  $1,044,432

  Retail

  $1,570,655

Location Insight

City

Fulton

County

Oswego

State

New York

Latitude

43.3226

Longitude

-76.4236

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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