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Kay Music Plaza 1155 Mohawk St 14 560 pi² Commerce de détail Immeuble Utica, NY 13501 1 654 728 $ CAD (113,65 $ CAD/pi²) 9,11% Taux de capitalisation
Certaines informations ont été traduites automatiquement.
Faits saillants de 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 de l'annonce
*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.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
14 560 pi²
Classe d’immeuble
C
Année de construction
1965
Prix
1 654 728 $ CAD
Prix par pi²
113,65 $ CAD
Taux de capitalisation
9,11%
Revenu net d’exploitation
150 703 $ CAD
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,22
Taille du lot
1,50 AC
Zonage
Urban Mixed Use - Shopping Center / Strip Center / Enterprise Zone
Stationnement
90 places (6,18 places par 1 000 pi² loué)
Façade
87’ sur Mohawk St
Commodités
- Accès 24 heures
- Lot de coin
- Enseigne sur pylône
- Restaurant
- Affichage
- Espace d'entreposage
- Climatisation
Disponibilité des espaces
- Espace
- Taille
- Utilisation de l’espace
- 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 | Taille | Utilisation de l’espace | Poste | Disponible |
| 2 | 3 200 pi² | Flex | - | Maintenant |
2
| Taille |
| 3 200 pi² |
| Utilisation de l’espace |
| Flex |
| Poste |
| - |
| Disponible |
| Maintenant |
1 de 13
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
2
| Taille | 3 200 pi² |
| Utilisation de l’espace | Flex |
| 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.
Moyennement accessible à pied
60/100
Moyennement adapté aux voitures
70/100
Transports en commun limités
30/100
Plutôt accessible en vélo
40/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 318-084-0001-078-000-0000 | Évaluation des bâtiments | 249 402 $ CAD |
| Évaluation du terrain | 66 879 $ CAD | Évaluation totale | 316 281 $ CAD |
Impôts fonciers
Numéro de lot
318-084-0001-078-000-0000
Évaluation du terrain
66 879 $ CAD
Évaluation des bâtiments
249 402 $ CAD
Évaluation totale
316 281 $ CAD
1 de 17
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
Présenté par
Lockbox Realty
Kay Music Plaza | 1155 Mohawk St
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