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703-709 Columbia St 10,115 SF Vacant Retail Building Utica, NY 13502 $599,000 ($59.22/SF)
EXECUTIVE SUMMARY
Chamberlain Building: Three stories of great potential.! Building: First floor Store front/open concept , can be used as a restaurant or office conversion w/ overhead door for delivery options. Property being sold with three apartments.
Varick Street is popular destination In Utica NY famous brewery district , Utica Club Brewing Company. Excellent investment opportunity given the ongoing growth in downtown Utica, classic architecture and a well known historic distract is synonymous w/ fun, dining & night life. This well known "Varick Street" property has- Additional 2nd story w/ open room & bath can be an Air B&B opportunity. Adjoined to third-floor open space concept/vacant space that is now available for an extended kitchen for catering, baking, grocery, or living area with separate entry. Yes, there could be 3 businesses in one bldg. EVEN A PATIO ON THE SIDE FOR DINING "AL FRESCO" This location is only a minute just off Route 840. Facility is ideal for Banquets, Catering, and every day Restaurant or Tavern.The second floor could easily be converted to a Air B & B or a large apartment or two. Excellent investment for the Chef /Entrepreneur who wants to open the doors and start serving.This is a mixed bag of viable businesses in a very competitive market making more than one way to turn a profit all under one roof. SEVERAL UPSIDES.
703 COLUMBIA ST
UTICA NY 13502-3407
COUNTY: ONEIDA
PROPERTY CLASS: 483 - CONVERTED RESIDENCE
PARCEL NO: 318.33-2-45
Overall Eff. Yr Built:1950
TAX INFORMATION
School Tax $:1117.00
County/Town Tax $551.28
City/Village Tax $:1108.31
Total Tax $:
Full Tax Value $:60,740
Land SQFT:17,860
Lot Size Acres:0.41
Sewer:COMMERCIAL/PUBLIC
Water:COMMERCIAL/PUBLIC
Utilities:GAS/ELECTRIC
SBL(Tax ID)#: 318.33-2-45
* The calculated tax amounts are not exact. No special district tax amounts or exemptions have been included. All numbers are estimated based on town values. Taxes should be verified directly from the local tax collector.
NON-CONTRIB | TOTAL RENT SQ. FT.: 4840
ROW STORAGE | TOTAL RENT SQ. FT.: 2720
EXTERNAL APT | TOTAL RENT SQ. FT.: 2555
Varick Street is popular destination In Utica NY famous brewery district , Utica Club Brewing Company. Excellent investment opportunity given the ongoing growth in downtown Utica, classic architecture and a well known historic distract is synonymous w/ fun, dining & night life. This well known "Varick Street" property has- Additional 2nd story w/ open room & bath can be an Air B&B opportunity. Adjoined to third-floor open space concept/vacant space that is now available for an extended kitchen for catering, baking, grocery, or living area with separate entry. Yes, there could be 3 businesses in one bldg. EVEN A PATIO ON THE SIDE FOR DINING "AL FRESCO" This location is only a minute just off Route 840. Facility is ideal for Banquets, Catering, and every day Restaurant or Tavern.The second floor could easily be converted to a Air B & B or a large apartment or two. Excellent investment for the Chef /Entrepreneur who wants to open the doors and start serving.This is a mixed bag of viable businesses in a very competitive market making more than one way to turn a profit all under one roof. SEVERAL UPSIDES.
703 COLUMBIA ST
UTICA NY 13502-3407
COUNTY: ONEIDA
PROPERTY CLASS: 483 - CONVERTED RESIDENCE
PARCEL NO: 318.33-2-45
Overall Eff. Yr Built:1950
TAX INFORMATION
School Tax $:1117.00
County/Town Tax $551.28
City/Village Tax $:1108.31
Total Tax $:
Full Tax Value $:60,740
Land SQFT:17,860
Lot Size Acres:0.41
Sewer:COMMERCIAL/PUBLIC
Water:COMMERCIAL/PUBLIC
Utilities:GAS/ELECTRIC
SBL(Tax ID)#: 318.33-2-45
* The calculated tax amounts are not exact. No special district tax amounts or exemptions have been included. All numbers are estimated based on town values. Taxes should be verified directly from the local tax collector.
NON-CONTRIB | TOTAL RENT SQ. FT.: 4840
ROW STORAGE | TOTAL RENT SQ. FT.: 2720
EXTERNAL APT | TOTAL RENT SQ. FT.: 2555
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$1,000
|
$0.10
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,000
|
$0.10
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $1,000 |
| Annual Per SF | $0.10 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $1,000 |
| Annual Per SF | $0.10 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
10,115 SF
Building Class
C
Year Built
1950
Price
$599,000
Price Per SF
$59.22
Percent Leased
Vacant
Building Height
3 Stories
Building FAR
0.57
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
RT1
Frontage
70’ on Varick St
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Columbia Street | - | 1,931 | 2022 | 0.04 mi |
| LaFayette Street | - | 2,565 | 2022 | 0.10 mi |
| Varick Street | - | 2,068 | 2022 | 0.13 mi |
| Oriskany Street West | - | 20,923 | 2022 | 0.14 mi |
| Whitesboro Street | - | 1,036 | 2022 | 0.15 mi |
| Oriskany St W | North-South Arterial Hwy, SE | 25,065 | 2022 | 0.16 mi |
| North-South Arterial Hwy | Lafayette St, S | 31,941 | 2022 | 0.16 mi |
| Court Street | - | 4,419 | 2022 | 0.16 mi |
| North-South Arterial Hwy | Ct St, NE | 47,285 | 2022 | 0.21 mi |
| State Street | - | 6,403 | 2022 | 0.22 mi |
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
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ADDITIONAL PHOTOS
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