Property profile

6128 State Route 89 Romulus, NY 14541

OFF-MARKET
Office Spaces
25,895 SF 22.1 ac lot Built 1949
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Property summary

AI-generated overview

This exceptional commercial property, located at 6128 State Route 89 in Romulus, NY, presents a unique investment opportunity. Spanning 22 acres with 1100 feet of road frontage on Route 89, this prime location boasts stunning Cayuga Lake views and sits directly on the Finger Lakes Wine Trail. The property comprises eight buildings offering a diverse mix of spaces, including residential units, retail spaces, office areas, warehouse facilities, and storage areas, totaling 25,895 square feet. Its rich history includes successful ventures such as North Shore Brewery, Traders Village, and The Boathouse Beer Garden, demonstrating a proven track record of retail success and event hosting capabilities. The property's versatility allows for immediate occupancy and expansion, with the potential to establish a new business while generating rental income from existing spaces. The expansive acreage offers significant potential for future development, including retail expansion, residential construction, or agricultural ventures such as vineyards. Owner financing is available, and the seller is motivated to customize a sales package to meet individual buyer needs. This is a truly remarkable opportunity to acquire a multi-faceted commercial property with immense potential in a highly desirable location. The asking price is $1,449,000.

Property profile

Verified
Property type Office Spaces
Year built 1949
Total area 25,895 SF
Lot 22.1 ac (962,676 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6128 State Route 89 Romulus, NY 14541
Romulus metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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