80 Jefferson StMexico, NY 13114

Property Details for 80 Jefferson St

Year built

1948

Lot size

0.22 AC

Property size (Sq ft)

6,139 SF

Zone code

02 - SINGLE RESIDENCE

Property type

Investment properties

Property subtype

Live-work space

APN

353401 134.11-01-21

APU

353401134110121

Description

This exceptional commercial property, located at 80 N Jefferson St in the vibrant village of Mexico, NY, presents a compelling investment opportunity. Spanning 6,139 square feet on a 0.22-acre lot, this building offers significant potential for a diverse range of businesses. Its prime location in the heart of Mexico ensures excellent visibility and accessibility, benefiting from high pedestrian and vehicular traffic. The spacious interior layout is adaptable to various uses, making it suitable for retail establishments, office spaces, or a mixed-use development. The property's proximity to the village center provides easy access to local amenities and services, further enhancing its appeal. This is an ideal opportunity to establish a thriving business in a growing community, capitalizing on the strong local economy and high-traffic area. The asking price of $89,900 makes this a particularly attractive investment, offering significant return potential for the discerning buyer. Don't miss this chance to secure a prominent commercial presence in the heart of Mexico, NY. The property's size and location make it a truly unique opportunity in a desirable market.

• CAP approach

  CAP return

  Valuation

  6%

  $991,346

  6.5%

  $915,088

  7%

  $849,725

• Comparable approach

  Method

  Valuation

  Relative Method

  $560,848

  Geo Method

  $802,122

• Alternative Use

  Use

  Valuation

  Residential

  $1,134,710

  Hospitality

  $1,039,388

  Educational

  $864,758

  Medical

  $894,499

  Retail

  $1,345,180

Location Insight

City

Mexico

County

Oswego

State

New York

Latitude

43.4601

Longitude

-76.2293

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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