16-20 Lewis Street, Oneonta, NY 13820

Property Description

SUPER COMMERCIAL INVESTMENT OPPORTUNITY! 1.25 ACRES in the City of Oneonta at the corner of Lewis St and Delaware Ave. The property consists of a house with large extension that is currently rented to two businesses, 34 SELF-STORAGE units and rented parking/storage spots. As you can tell from the photos there is still a large lot that could be easily further developed. Facility Breakdown: 9-10X20's Long Term tenants-$150/mo. Stick built on slab. 2-10X10's Long Term tenants-$75/mo Portable. 3-6X12's Mix long/short term-$65-$70/mo Portable. 20-5X10's short term college rentals-$55-$60/mo Portable. 3-Trailer parking spot-$50/mo. All tenants (except one) are autopay, everything is automated through the website (occupancy agreements in place for all tenants). Credit Card Fee: 2.9% + $1.00 per successful charge. Custom website integrated with Unitrac software. URL is owned and will transfer with sale. All units currently rented as of 7/27. No utilities. All 5X10 units are expected to be vacant 9/1/26 (These are summer college rentals). The portable units will be sold with the business as equipment inventory as they are portable and not permanent units/buildings. 16-20 Lewis Street: 2-Commercial tenants. 16 Lewis St is a long term tenant with a lease in place till summer 2027 $1300/mo. 20 Lewis St has been there for (10+years) but intends to eventually move out, date of move out is unknown at this time, tenant is on a month to month. $1600/mo. Tenants pay heat/electric/garbage (separate utilities). Heat is Natural gas. Expenses for all the lots: Water $550/yr. Insurance is approximately $2,800/yr. Software $360/yr. Taxes:16-20 Lewis St $2,301.08 (School) & $1,690.29 (City). 13 Lewis St $219.15 (School) & $166.64 (City). 1 Delaware Ave $394.47 (School) & $299.97 (City). Maintenance/landscaping/snow removal performed by owner/manager. Total rent roll as of July 1st is approximately $5,855/month. This listing also includes 13 Lewis Street and 1 Delaware Avenue, Tax Map# 300.7-2-10 and 300.7-2-45