604 Seneca StManlius, NY 13104

For Sale
$980,000

Seven Buildings, Nine Tenants, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Manlius, NY investment opportunity presents a unique blend of commercial and residential properties. The 3.88-acre lot houses seven buildings totaling 16,314 square feet, with 13,571 square feet of net rentable space. Nine tenants currently occupy the multi-tenant property, leasing 16 individual units across a diverse range of businesses including a cafe, beer garden, coffee roaster, and more. Five additional vacant spaces, including five 8x20 shipping containers (four with power and ventilation), offer significant upside potential for expansion or diversification. Extensive renovations have been completed on several buildings, including the event center and beer garden. The property also boasts a 5-bedroom, 2-bathroom residence with a garage, providing an on-site living option. Outdoor amenities include a play space, a market area, a greenhouse, two workshops, and a storage building. Ample parking is available with 90 spaces. The property is conveniently located near downtown Manlius, FM High School, and major roadways (Routes 92, 173, 257, and E. Genesee Street). Built in 1834 with renovations in 2017, this property is zoned for industrial use. The net lease structure and strong existing tenancy make this a compelling investment opportunity with significant potential for future growth. The property's diverse tenant mix and unique features create a truly one-of-a-kind investment opportunity in a desirable location. The asking price is $980,000.

Highlights

  • 16 leasable spaces suitable for retail, storage, manufacturing, or entertainment use.
  • 9 spaces currently leased.
  • 7 vacant spaces available, including 5 shipping containers.
  • High-traffic location in Manlius, NY.
  • Diverse tenant mix including cafe, bar, coffee roaster, general store, gift shop, and glassblowing studio, plus outdoor recreation and flea market areas.
  • Unique investment opportunity.

Property Details for 604 Seneca St

Property type
Other retail properties, Other office properties
Square Feet
16,314 SF
Year Built/Renovated
1834/7
Buildings
7
Stories
2
Lot Size (sq. ft)
169,013 SF
Units
16

Location Insight

City
Manlius
County
Onondaga
State
New York
Latitude
43.00414292011
Longitude
-75.968432156244
604 Seneca St, Manlius, New York

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604 Seneca St
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