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About This Home
This 0-bedroom, 3-bathroom commercial at 1155 Mohawk St in Utica, NY is listed for $1,500,000 ($100 per sqft). Built in 1965, the home offers 15,000 sqft of living space on a 1.50 acres lot.
Kay Music Plaza presents a rare opportunity to acquire a high-income producing, multi-tenant retail property in the heart of East Utica. The 14,560 SF building sits on approximately 1.5 acres and features 10 commercial units currently occupied by a diversified mix of retail, restaurant, and professional office tenants, with 3 vacancies offering immediate value-add potential.
Built in 1965, the property has been well-maintained and updated, including a recoated flat membrane roof (2021), new metal canopy, wet sprinkler system, improved insulation on the roof deck and exterior walls, double-pane windows throughout, and 3-phase electric service.
The site offers 90 parking spaces and 87 feet of frontage on Mohawk Street, providing excellent visibility and accessibility. Strategically positioned on a high-traffic retail corridor, the property benefits from strong neighboring anchors including Hannaford, Rite Aid, and Dunkin Donuts. Utica continues to attract significant investment, including the new Wynn Downtown Hospital and the Wolfspeed chip manufacturing facility, supporting long-term demand for commercial space in the area.
Key Features
- Built in 1965
- 1.50 acre lot
Property Details
Monthly Cost Estimate
$8,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1155 Mohawk St
Utica, NY 13501
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 3-bathroom commercial at 1155 Mohawk St is listed at $1,500,000 ($100/sqft). The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.
Key features include: Built in 1965, 1.50 acre lot.
This property is listed by Alyssa Martin and can be reached at 7187533370 or alyssa@lockboxnyc.com.