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    OFF-MARKET
    Lifestyle centers

    500 Old Liverpool Rd, Salina, NY 13088

    25,304 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 25,304 square foot shopping center, located at 500 Old Liverpool Road in Salina, NY 13088, presents a compelling value-add investment opportunity. The property consists of two single-story buildings encompassing seven units, currently vacant, offering significant leasing upside. With a total net rentable area of 25,304 square feet, the asking price is $1,300,000, translating to $51.38 per square foot. The property enjoys a high-traffic location, just down the street from Destiny USA, a major regional shopping destination. Previous tenants included a Gulf Gas Station, ARC of Onondaga, and a nail salon, demonstrating the property's appeal to a diverse range of businesses. This presents a unique chance to capitalize on the strong location and create a thriving retail center. The property's vacant status allows for complete control over tenant selection and lease terms, maximizing rental income potential. Detailed financial information is available upon request. This is an ideal investment for those seeking a value-add opportunity in a prime retail location with significant upside potential.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 25,304 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Big Mama's Cheesecake Co Bakery Specialty Food Shop
    • Conoco Gas Station
    • Arc of Onondaga Charitable Organization Social Service Agency
    • Gulf Gas Station
    • Cups -N- Cakes Bakery / Cafe Bakery Specialty Food Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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