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Kay Music Plaza 1155 Mohawk St Local commercial 1 353 m² À vendre Utica, NY 13501 1 033 272 € (763,88 €/m²) Taux de capitalisation 9,11 %
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Situated on a high-traffic corridor in East Utica, this 15,543 SF plaza sits on 1.5 acres with 80+ parking spaces and 87 feet of Mohawk St frontage.
- High-income producing retail asset featuring 10 commercial units with a diversified tenant mix of retail, restaurant, and professional office uses.
Résumé analytique
*UPDATED LISTING INFORMATION* Three suites available for lease-up, including a large space with an existing kitchen suited to food service conversion. Documented rent roll and operating expense history available upon request.
Strategically positioned on a high-traffic retail corridor, the property benefits from strong neighboring anchors including Hannaford, Rite Aid, and Dunkin Donuts. Utica continues to attract significant investment, including the new Wynn Downtown Hospital and the Wolfspeed chip manufacturing facility, supporting long-term demand for commercial space in the area.
Features: Flat membrane roof recoated 2021, updated metal canopy, wet sprinkler system, double-pane windows, insulated roof deck and exterior walls, 3-phase electric, storefront and pylon signage.
Highlights:
- 15,543 SF commercial plaza situated on approximately 1.5 acres in Utica, NY
- 10 commercial spaces, 7 currently leased, with a mix of retail, restaurant, and professional office uses
- 9.11% cap rate based on current list price and documented in-place income
- Approximately 12.8% projected stabilized yield once the three available suites are leased
- 80+ parking spaces offering strong on-site customer and tenant parking
- Located near major traffic drivers including Hannaford, Dunkin', Dollar General, Citi Trends, and other national/regional retailers
- Property improvements include flat membrane roof re-coating in 2021, updated metal canopy, wet sprinkler system, double-pane windows, insulation under roof deck and exterior walls, and 3-phase electric
- Strong visibility and accessibility along the Mohawk Street commercial corridor
- Positioned in a growing Utica market benefiting from regional investment, including healthcare and semiconductor/manufacturing expansion
- Near-term upside through lease-up of three available suites, including one with an existing kitchen suited to food service conversion
Contact Alyssa Martin for additional information.
Strategically positioned on a high-traffic retail corridor, the property benefits from strong neighboring anchors including Hannaford, Rite Aid, and Dunkin Donuts. Utica continues to attract significant investment, including the new Wynn Downtown Hospital and the Wolfspeed chip manufacturing facility, supporting long-term demand for commercial space in the area.
Features: Flat membrane roof recoated 2021, updated metal canopy, wet sprinkler system, double-pane windows, insulated roof deck and exterior walls, 3-phase electric, storefront and pylon signage.
Highlights:
- 15,543 SF commercial plaza situated on approximately 1.5 acres in Utica, NY
- 10 commercial spaces, 7 currently leased, with a mix of retail, restaurant, and professional office uses
- 9.11% cap rate based on current list price and documented in-place income
- Approximately 12.8% projected stabilized yield once the three available suites are leased
- 80+ parking spaces offering strong on-site customer and tenant parking
- Located near major traffic drivers including Hannaford, Dunkin', Dollar General, Citi Trends, and other national/regional retailers
- Property improvements include flat membrane roof re-coating in 2021, updated metal canopy, wet sprinkler system, double-pane windows, insulation under roof deck and exterior walls, and 3-phase electric
- Strong visibility and accessibility along the Mohawk Street commercial corridor
- Positioned in a growing Utica market benefiting from regional investment, including healthcare and semiconductor/manufacturing expansion
- Near-term upside through lease-up of three available suites, including one with an existing kitchen suited to food service conversion
Contact Alyssa Martin for additional information.
Informations sur l’immeuble
Type de vente
Investissement triple net
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
1 353 m²
Classe d’immeuble
C
Année de construction
1965
Prix
1 033 272 €
Prix par m²
763,88 €
Taux de capitalisation
9,11 %
RNE
94 104 €
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,22
Surface du lot
0,61 ha
Zonage
Urban Mixed Use - Shopping Center / Strip Center / Enterprise Zone
Stationnement
90 places (66,54 places par 1 000 m² loué)
Façade
27 m sur Mohawk St
Caractéristiques
- Accès 24 h/24
- Terrain d’angle
- Enseigne sur pylône
- Restaurant
- Signalisation
- Espace d’entreposage
- Climatisation
Disponibilité de l’espace
- Espace
- Surface
- Type de bien
- Poste
- Disponible
This massive space was once a music school, converted to a U-haul rental, and now awaits it's next opportunity. There's a full kitchen, a full bathroom, access to two half-bathroom restrooms in the hallway. There's tons of sign footage along Mohawk Ave across from Hanaford with tons of vehicle traffic. The shopping center boasts 80 parking spaces.
| Espace | Surface | Type de bien | Poste | Disponible |
| 2 | 297 m² | Local d’activités | - | Maintenant |
2
| Surface |
| 297 m² |
| Type de bien |
| Local d’activités |
| Poste |
| - |
| Disponible |
| Maintenant |
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Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
2
| Surface | 297 m² |
| Type de bien | Local d’activités |
| Poste | - |
| Disponible | Maintenant |
This massive space was once a music school, converted to a U-haul rental, and now awaits it's next opportunity. There's a full kitchen, a full bathroom, access to two half-bathroom restrooms in the hallway. There's tons of sign footage along Mohawk Ave across from Hanaford with tons of vehicle traffic. The shopping center boasts 80 parking spaces.
1 1
Moyennement praticable à pied
60/100
Moyennement adapté aux voitures
70/100
Transports en commun limités
30/100
Plutôt praticable en vélo
40/100
Principaux commerces à proximité
Taxes foncières
| Numéro de parcelle | 318-084-0001-078-000-0000 | Évaluation des aménagements | 154 130 € |
| Évaluation du terrain | 41 331 € | Évaluation totale | 195 461 € |
Taxes foncières
Numéro de parcelle
318-084-0001-078-000-0000
Évaluation du terrain
41 331 €
Évaluation des aménagements
154 130 €
Évaluation totale
195 461 €
1 sur 17
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Lockbox Realty
Kay Music Plaza | 1155 Mohawk St
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