408 Old Liverpool Rd Liverpool, NY 13088-6221

This exceptional retail property at 408 Old Liverpool Road, Liverpool, NY 13088, presents a unique owner-user investment opportunity. The 2,300 square foot building, constructed in 1964, sits on a 0.3-acre lot and boasts 20 parking spaces. Currently 100% occupied since November 29, 2022, by Sugar Top Bake Shoppe under a month-to-month lease at $2,000 per month (below market value, with potential for rent increase), this Class B property offers a strong net operating income (NOI) of $18,548, yielding a 5.30% cap rate. The asking price is $350,000, translating to $152.17 per square foot. The property is zoned for commercial/retail use and includes existing kitchen equipment. The lease commenced December 31, 2020, and is a modified lease type. This single-unit property is ideal for an owner-operator seeking a turn-key operation in a high-traffic location. The property benefits from ample parking and is situated on Old Liverpool Road, known for its heavy daytime traffic. This is a package sale, but the listing only includes the details for 408 Old Liverpool Road.