407 Tulip St, Salina, NY 13088

Building Details

Building Size 9,646 SF More

Year Built 1965 More

Stories 1 More

Listing Agency: Rooftop Realty Group, LLC

Listed By: Mark Cardone · License NY #10491208497 Show Phone

Source: Elliman

Added: Mar 10 Changed: Nov 9 Last Checked: Nov 10 at 9:17AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rooftop Realty Group, LLC

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 4,800 square foot mixed-use property is located in the village of Liverpool. The front half of the property is a fully equipped cafe/restaurant space, suitable for entrepreneurs looking to start or expand their business. The rear portion of the property features seven offices, offering an opportunity for additional income. These offices are suitable for local businesses, freelancers, or professionals seeking a convenient and professional workspace. The flexible layout allows for individual rentals or could be adapted to a co-working space model.

Key Highlights

• Prime location in the village of Liverpool.
• 4,800 square foot property offering retail and office space.
• Turnkey cafe/restaurant space ready for immediate operation.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$44,685

Cap Rate

9.03%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$893,700 $893.7K

Cap Rate 7%

$638,357 $638.4K

Cap Rate 9%

$496,500 $496.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,800 SF

Gross rent

$82.4K $17.16/SF

− Vacancy

−$10.9K −$2.27/SF

EGI

$71.5K $14.89/SF

− OpEx

−$26.8K −$5.59/SF

NOI

$44.7K $9.31/SF

Area

Onondaga County, NY

Vacancy

13.20%

Lease Rate

$17.16 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$893,700

Cap Rate 7%

$638,357

Cap Rate 9%

$496,500

Alternative Uses

Best Use

Mixed Use

$638.4K

$558.6K – $744.8K (±1% cap)

NOI $44,685 @ 7.0% cap · market cap 9.03%

Second Best

Specialty Retail

$212.8K

$186.2K – $248.3K (±1% cap)

NOI $14,899 @ 7.0% cap · market cap 3.01%

Theoretical Best

Office A

$834.2K

$729.9K – $973.2K (±1% cap)

NOI $58,393 @ 7.0% cap · market cap 11.80%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Nutrition Clinic Eating Disorder Treatment Center Ophelia's Place Eating Disorder Treatment Center Jodie Wilson Foster Care Service Marc Immerman Physician

Suggested Use

Top Pick Parking Lot & Garage Bakery Plumbing Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

542

Businesses Nearby

26k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 54% Dining 42% Electronics 4%

Dunkin' Donuts Dining

11,007 visits/mo 0.2 miles

Sunoco Shops & Services

8,084 visits/mo 0.2 miles

KeyBank Shops & Services

2,840 visits/mo 0.0 miles

M&T Bank Shops & Services

2,263 visits/mo 0.2 miles

Mavis Discount Tire Shops & Services

1,146 visits/mo 0.3 miles

Demographics for 13088, NY

22,331

Population

11,242

Households

2

Avg Household Size

43

Median Age

35%

College-Educated

93%

High-School Grad

8.3 sq mi

ZIP Area

2,690

Density / Sq Mi

$73,814

Median Household Income

$46,985

Median Earnings

$1,104

Median Rent

$166,500

Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Onondaga County, NY

$115 Jul

$116 Aug

$128 Sep

$121 Oct

Properties on Market for Mixed-use properties in Onondaga County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Mixed-use property - Retail and office space in the village of Liverpool.

Where is this mixed-use property located?

The property is located at 407 Tulip St Salina, NY.

What is the asking price?

The asking price for this property is $495,000.

What are key features of this property?

This property features: Prime location in the village of Liverpool.; 4,800 square foot property offering retail and office space.; Turnkey cafe/restaurant space ready for immediate operation.