Property Description

Let your entrepreneurial spirit soar with this renovated, Multi use property in the vibrant Village of Oriskany! The building has experienced major renovations and improvements since 2020. Located conveniently, on the busiest street in Oriskany, 704 Utica Street boasts direct frontage and increased opportunities to the business owner. The second level is a 2 bedroom apartment that holds a set lease until December. Monthly Rent for Apartment is $1250. Private parking available for tenants. Appliances included. Public water, sewer, gas and high speed internet. Superb space for continued income or option for owners home. The main level is an operating Laundromat. This type of business can realize a 15 to 35% ROI and is a needed resource for the local population. Totally overhauled by the seller and done RIGHT! Existing washers, dryers, vending machines, change machine, and various accessories will convey with the sale. Bathroom and additional work room adjoin the main public laundry space. Major improvements completed, but not limited to: rubber roof 2021, boiler 6 years old, blown in insulation, some new windows, new concrete poured to manufacturers specifications to properly accommodate washer equipment, cosmetic features include ceiling install, electric service rebuild, plumbing and gas redo, and new hot water heater. All utilities, maps, taxes and specific details on the property will be presented in an information book to all buyers at private showings. Whether building your investment portfolio, or bringing a commercial vision to life, 704 Utica Street could provide that avenue to success!

Property Features