2092 Main Street, Cazenovia, NY 13035

Property Description

Unbeatable Sub-$70K Commercial Entry | Two Buildings | High-Exposure Crossroads Discover incredible entry-level commercial utility at 2092 Main St, New Woodstock, NY. Priced aggressively at $69,900, this property offers a rare chance to own a highly visible commercial footprint in Madison County for less than the cost of a typical lease setup. Situated right at the high-traffic intersection of State Routes 13 and 80, this property commands excellent year-round commuter visibility, regional lake tourism traffic, and direct proximity to local winter snowmobile trails that inject built-in seasonal consumer foot traffic. Property Highlights: Main Building: A versatile 1,152± sq. ft. storefront with historic village district charm, previously operated as a retail bottle return. Easily adaptable for artisan workshops, specialty boutique retail, professional offices, or local service businesses. Bonus Rear Asset: Includes a separate, detached garage/shop with dedicated overhead attic storage—perfect for contractor equipment, tools, inventory, or private vehicle storage. The Real Estate Math: Verified annual property taxes sit at $4,210, matching the town's stable $65,000 tax assessment. For Owner-Users: Stop paying expensive commercial rent. Your combined mortgage and tax overhead here can sit under $850/month, allowing you to build equity instead of writing lease checks. For Investors: At an acquisition price near $65,000, securing a modest lease of just $900/month unlocks a powerhouse 8.3% to 10% market cap rate, fully absorbing the tax base while yielding an exceptional cash-on-cash return. Bring your business vision to this high-utility Central New York corridor just minutes from Cazenovia. Schedule your walkthrough today!