616 Varick Street Utica, NY ^$ 1,450,000

616 Varick Street

^$ 1,450,000

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616 Varick Street

Utica, NY, 13502

^$ 1,450,000

Studio Baths0.0 Sq 5,600

Monthly Estimate*

^$ 9,637

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Studio

Commercial Property for sale in Utica, NY

for $1,450,000. This 5,600 square foot building was built in 1950 on a lot size of 0.0362.

Pictures are of all three properties being sold as a package. The Varick has been a Varick Street favorite for years. There is a special room inside this bar that has been grandfathered to allow smoking. Above the bar is even more potential apartment space. As designed now, there is a potential apartment on each of the two stories above the bar. This is an excellent investment opportunity given the ongoing growth Downtown and in the Brewery District. It is being sold as a whole with three other parcels included. It will not be possible to purchase individual parcels.

Commercial Active

Price

^$ 1,450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,324

Style

Business

Lot Size

0.0362

Year Built

1950

Town/City

Utica

County/Region

Oneida

MLS | Web ID

S1435228

Features

General

Sewer PublicSewer

Heating Gas ForcedAir

Utilities SewerConnected WaterConnected

Possession CloseOfEscrow

Roof Membrane Rubber

Zoning Commercial

Year Built 1950

Stories 3

Township Not Applicable

Property SubType Business

Business Type BarTavernLounge

County Oneida

Property Type CommercialSale

Status Active

Directions Columbia Street or Court Street to Varick

City Utica

High School District Utica

Zoning Description Commercial

NumberOfUnitsTotal 2

MLS Area Utica-City-301600

Lot Size Units Acres

Lot Size Square Feet 1575.0

Waterfront Y/N No

Street Name Varick

Year Built Details Existing

Tax Annual Amount 3324.0

Property Condition Resale

Lease Considered Y/N No

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1435228

Days on Market 418

Standard Status Active

Middle/Junior School District Utica

Elementary School District Utica

Tax Assessed Value 45500

TaxOtherAnnualAssessmentAmount 258.0

Tax Lot 67

Property Sub Type Additional Business Apartment MixedUse Commercial

Interior

Basement Full

Total Fireplaces 0

Total Stories 3

Basement (Y/N) Yes

Heating Y/N Yes

Fireplace Y/N No

Street Suffix Street

Main Level Bathrooms 0

Total Baths 0

Exterior

Water Source Public

Total Parking 0.0

Inclusions Land Building and Business

Lot Size Area 0.0362

Number of Buildings 1

Building Area Total 5600.0

Lot Dimensions 25X63

Lot Size Acres 0.0362

Internal Only

Street Number 1 616

* Excluded Features

List By

Howard Hanna Cny Inc

Broker

(315) 525-1377

Phone

Affordability Calculator

$9,914

Per Month

Monthly Principal & Interest: $9,637
Monthly Property Taxes: $277
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Utica, NY

Average List Price ^$642,874

Percent of Sale Price 56%

About Utica, NY

61,376 Population

1% Since 2002

^$32,748 Median Income

36.3 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

247699 Elementary School

246707 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/15/2023	$1,450,000		Listed Price

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616 Varick Street, Utica, NY, 13502 is a Commercial Property for sale at $1,450,000 with 5,600 sqft and a lot size of 0.0362. 616 Varick Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 13502 which is in Utica, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this site's owner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Fair Housing Notice (FHN)-https://www.dos.ny.gov/licensing/docs/FairHousingNotice_new.pdf

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616 Varick Street

Commercial Property for sale in Utica, NY

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