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142 W 2nd St
Oswego, NY 13126
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Downtown location 2 blocks from Bridge St
- Residential rents are low, could be twice as much
EXECUTIVE SUMMARY
This prime downtown mixed-use property offers stable income and appreciation potential in the heart of Oswego's vibrant commercial district. The 6,600 SF building features seven well-maintained units: three ground-floor commercial spaces and four one-bedroom upstairs residential apartments, with strong occupancy and tenant-paid utilities minimizing owner expenses. All units have separate utilities, forced air and central air. Situated on West Second Street, the property sits steps from the Oswego Cinema 7 (at 138 W 2nd St), boutique shops, restaurants, and the scenic Oswego River waterfront. Oswego's historic port city charm, proximity to Lake Ontario, SUNY Oswego campus influence, and ongoing downtown revitalization drive foot traffic and rental demand. This turnkey investment suits owner-users or passive investors seeking reliable returns with great appreciation!
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
5,610 SF
Building Class
C
Year Built
1990
Price
$825,721 CAD
Price Per SF
$147.19 CAD
Cap Rate
6.65%
NOI
$54,910 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Zoning
TD - 482 - Mixed Use...
Frontage
33’ on W 2nd St
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 351200-128-054-0006-005-000-0000 | Improvements Assessment | $305,228 CAD |
| Land Assessment | $110,992 CAD | Total Assessment | $416,220 CAD |
PROPERTY TAXES
Parcel Number
351200-128-054-0006-005-000-0000
Land Assessment
$110,992 CAD
Improvements Assessment
$305,228 CAD
Total Assessment
$416,220 CAD
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