About 16-20 Lewis Street
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
Features of 16-20 Lewis Street
| MLS® # | R1703816 |
|---|---|
| Price | $450,000 |
| Bathrooms | 0.00 |
| Square Footage | 6,400 |
| Square Footage | 31363 |
| Acres | 1.25 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 16-20 Lewis Street |
|---|---|
| Area | Oneonta-City |
| City | Oneonta |
| County | Otsego |
| State | NY |
| Zip Code | 13820 |
Amenities
| Utilities | Electricity Connected, Sewer Connected |
|---|---|
| Features | Rectangular, Rectangular Lot |
| Parking Spaces | 40 |
| Parking | Driveway, Surfaced |
| Garages | Driveway, Surfaced |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Linoleum, Vinyl |
|---|---|
| Heating | Gas, Baseboard |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Partial |
Exterior
| Exterior | Frame, Metal Siding |
|---|---|
| Lot Description | Rectangular, Rectangular Lot |
| Roof | Architectural, Composition, Metal, Shingle |
| Construction | Frame, Metal Siding |
School Information
| District | Oneonta |
|---|
Additional Information
| Zoning | 120 |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Benson Agency Real Estate LLC |
|---|---|
| Contact Info | 607-434-5972 |
