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74 Mitchell
6,000 SF Speciality Building Offered at £354,465 at a 7.98% Net Initial Yield in Oswego, NY 13126
Investment Highlights
- Established Business
- Conforming Use for Self Storage
- Over 2 acres available to develop/expand
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £354,465 | Building Class | C |
| Price Per SF | £59 | Lot Size | 2.93 AC |
| Sale Type | Investment | Building Size | 6,000 SF |
| Net Initial Yield | 7.98% | Number of Floors | 1 |
| Sale Conditions | Business Value Included | Year Built | 1993 |
| Property Type | Speciality | Opportunity Zone |
Yes
|
| Property Subtype | Self-Storage |
| Price | £354,465 |
| Price Per SF | £59 |
| Sale Type | Investment |
| Net Initial Yield | 7.98% |
| Sale Conditions | Business Value Included |
| Property Type | Speciality |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 2.93 AC |
| Building Size | 6,000 SF |
| Number of Floors | 1 |
| Year Built | 1993 |
| Opportunity Zone |
Yes |
About 74 Mitchell , Oswego, NY 13126
Located in an Industrial Zone in the City of Oswego, NY, this 53 door self storage business is available with 2.93 Acres (2.2 Acres undeveloped) ready for storage expansion or industrial development. 97% occupied (owner using a few units for personal storage.) The land is mainly flat with small trees/bushes able to be easily removed for expansion — owner currently clearing an additional half acre for future use. Plenty of room to triple the size of the storage business, build a commercial building or to fence-in for an exterior storage lot. Corner lot with ingress/egress from both streets. Located near in main industrial area of the city with larger scope projects being considered by developers. Owner is a New York State Licensed Associate Real Estate Broker. Owner will not hold paper or do land contract.
PROPERTY TAXES
| Parcel Number | 128-025-0008-002-010-0000 | Total Assessment | £118,027 (2023) |
| Land Assessment | £51,145 (2023) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £66,882 (2023) | Tax Year | 2025 |
PROPERTY TAXES
zoning
| Zoning Code | IN (Conforming use for self storage) |
| IN (Conforming use for self storage) |
Presented by
74 Mitchell
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