About This Home

This 0-bedroom, 3-bathroom commercial at 1155 Mohawk St in Utica, NY is listed for $1,200,000. Built in 1965, on a 1.50 acres lot.

Key Features

  • Built in 1965
  • 1.50 acre lot

Property Details

1 full, 2 half
1965
Listing Description

*UPDATED PRICE & UPDATED CAP RATE. Two units rented for ADDITIONAL NOI of $28,800. One vacant unit remaining (3,600+ sq.ft space).* 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 features 10 commercial units currently occupied by a diversified mix of retail, restaurant, and professional office tenants, with 1 vacancy 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 s

ystem, 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.

Monthly Cost Estimate

$6,418/mo

20% down · 6.5% · 30 years

Principal$868
Interest$5,200
Insurance$350

Estimates only. Actual payments may vary.

Location

1155 Mohawk St

Utica, NY 13501

Property Details

Construction

Vinyl Siding

Heating

Natural GasHeat Pump (Heating)

Questions & Answers

This 0-bedroom, 3-bathroom commercial at 1155 Mohawk St is listed at $1,200,000. The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1965, 1.50 acre lot.

This property is listed by Alyssa Martin.

AM

Alyssa Martin

Agent at Lockbox Realty

Listed by Lockbox Realty · Broker phone: (718) 576-3041 · Broker website

MLS# 11816768· Source: My State MLS· 140 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1155 Mohawk St, Utica, NY 13501

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