6515 E Seneca Turnpike, Dewitt, NY 13078

Property Description

Discover an exceptional investment and business opportunity with this versatile mixed-use property located in the heart of Jamesville! Formerly home to Jamesville Hardware, this unique property offers a combination of commercial and residential space, excellent visibility, and multiple income-producing possibilities. Situated on a prominent corner lot at a traffic light with approximately 16,000 vehicles passing daily, this property provides outstanding exposure for a variety of potential business ventures. The property consists of two separate units, both offering tremendous flexibility. Unit 1 features commercial/retail space along with residential living quarters offering 3 bedrooms and 1.5 bathrooms. The commercial portion is currently vacant, freshly painted, and ready for its next occupant. The commercial space and Unit 1 residential quarters are being offered together for lease at $2,900 per month, presenting an excellent opportunity for a business owner looking to operate a business while living on-site or for an investor seeking additional rental income. Unit 2 is a separate 2-bedroom, 1-bathroom residential apartment currently rented for $1,500 per month, providing immediate rental income. The residential apartments have undergone improvements, including updated bathrooms, adding to the property's overall appeal. Additional highlights include a newer roof, a $10,000 boiler, and a barn located at the rear of the property, offering valuable additional storage or potential utility. With its high-traffic visibility, recent improvements, and flexible mixed-use configuration, this property offers incredible potential for investors, entrepreneurs, and owner-occupants alike. With Unit 2 generating $1,500 per month and the commercial space with Unit 1 offered at $2,900 per month, the property presents the potential for $4,400 in total monthly rental income, or $52,800 annually, when fully leased. Whether you're looking to expand your investment portfolio, establish a business in a highly visible location, or take advantage of multiple income streams, this one-of-a-kind Jamesville property is an opportunity you won't want to miss!