Multi Tenant Investment Opportunity

661-667 Old Liverpool Rd, Liverpool, NY

$470,000

Price

5.02%

Cap Rate

$23,599

NOI

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Street
Map
Overview
Cap Rate
5.02%
NOI
$23,599
Building Size
4,597 sqft
Lot Area
0.74 acres
Units
3
Description

Excellent Investment opportunity to own Four Income Producing Properties totaling .74 +/- Acres with 216' of Frontage on highly trafficked Old Liverpool Road with traffic counts in excess of 16,000 Vehicles Daily. This portfolio includes three fully Leased Buildings plus a Parking lot providing additional Frontage and Value to the Site. Current businesses on the property include a Popcorn Retail Store, a Hair Salon and a Tattoo Parlor. The site is Zoned C-3 Planned Commercial District, allowing for a variety of different Uses for the property. The value and pricing for the site is makes it an excellent Investment property with $50,000 annual income or a Re-development Site with the Road frontage. This property is across from Liverpool Shopping Center and surrounded by major retailers such as; Firestone Complete Auto Care, Family Dollar, Pacific Health Club and 1.9 Miles from Destiny USA mall. The Roofs on all Three building are new and done within the last three years. The Electric & Plumbing and Heating systems are all in good working condition.

Liverpool is a lakeside village in Onondaga County, New York, United States. Its population was 2,347 at the 2010 census. The name was adopted from the city of Liverpool in the United Kingdom. Just north of the Syracuse CBD and moments from Destiny USA, the subject property is located in a convenient, high-traffic corridor.

Highlights
  • Investment Opportunity
  • $50,000 Annual Income
  • Three Tenants, Four Parcels.
  • .74 +/- Acres with 216' Frontage on Old Liverpool Rd
  • 216' X 150' deep
  • 15,905 AADT
  • Zoned C-3 Commercial
  • Easy Highway Access
  • Close to Destiny USA
  • 661 Old Liverpool Rd: 1,812 +/- SF on .22 +/- Acres
  • 663 Old Liverpool Rd: 1,201 +/- SF on .17 +/- Acres
  • 665 Old Liverpool Rd: Parking Lot on .17 +/- Acres
  • 667 Old Liverpool Rd: 1,584 +/- SF on .17 +/- Acres
Documents
Location
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