For saleReduced $300,000 from $1,500,000

$1,200,000

15,000 SF building1.5 acre lotBuilt 1965

1155 Mohawk StUtica, NY 13501

Office building (from the listing description) · MLS 11816768 · Listed 147 days ago (Jun 10, 2026)

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Active: Listed and available according to the MyStateMLS feed.

About this property

*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 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.

Description provided by the listing brokerage.

Key facts

Asking price
$1,200,000
Original list price
$1,500,000
Status
For sale
Property type
OfficeFrom the listing description
Building area
15,000 SFSource field AboveGradeFinishedArea
Land area
1.5 acresSource field LotSizeAcres
Year built
1965
MLS number
11816768

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$1,200,000
Price per SF of building
$80/SFAsking price ÷ 15,000 SF reported building area

Building and site

County
Oneida County

Investment figures reported in the description

Net operating income
$28,800 (actual or pro forma not stated)"…o units rented for additional noi of $28,800. one vacant unit remaining (3…"

These figures are as written by the listing agent, without a stated period or supporting statements. Commercial Only does not calculate or verify them. Ask for rent rolls, operating statements and leases before relying on any figure.

Reported features

  • Natural gas (from a listing field)
  • Near public transit (from a listing field)
  • Public water (from a listing field)
  • 3-phase power mentioned (from the description)“…-pane windows throughout, and 3-phase electric service. the site of…”
  • Sprinkler system (from the description)“…(2021), new metal canopy, wet sprinkler system, improved insulation on the r…”
  • Parking reported (from the description)“…tric service. the site offers 90 parking spaces and 87 feet of frontage on mo…”

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Heating

  • Heat Pump
  • Gas

Construction

  • Vinyl Siding

Roof

  • Rubber
  • Metal
  • Flat

Water

  • Public (Water Source)

Sewer

  • Other

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Utica or office building in Utica.

Why this listing is on Commercial Only

  • Property type as the listing describes it. (description: "…ersified mix of retail, restaurant, and professional office tenants, with 1 vacancy offering immedi…")
  • MLS property class detail. (PropertyTypeDetail: commercial)

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Price and status history

  • Original list price reported by the brokerage: $1,500,000

Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

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Guides

Listing courtesy of LOCKBOX REALTY. Listing agent: Alyssa Martin. Listings provided by MyStateMLS.

Listing last modified at the source Sep 10, 2026, 8:14 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 11:01 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.