8167 Brewerton Rd Cicero, NY 13039
- Retail properties
- 4,139 SF
- 1.84 lot acres
Current Use by Public Records
- PAINTED LADY BEAUTY / Skin Care Clinic
- Trubliss Wellness Spa / Laser Hair Removal Service / Massage Therapist
- Divas Hair Boutique / Beauty Salon
- Lily Relax Station Spa | Massage Cicero NY-Asian Massage / Massage Therapist / Massage Spa
- Classy Nails / Nail Salon
Property Details for 8167 Brewerton Rd
- Year built
- 1966
- Lot size
- 1.84 lot acres
- Property size
- 4,139 SF
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional redevelopment opportunity presents a prime 1.84-acre parcel at 8167 & 8169 Brewerton Rd, Cicero, NY 13039. The property boasts two existing retail buildings totaling 4,139 square feet, currently 100% occupied with long-term tenants, generating a NOI of $43,516 and a 2.02% cap rate. The asking price is $2,150,000, translating to $519.45 per square foot. Built in 1966, this two-story property features 27 parking spaces and is zoned GC/R15, allowing for versatile development options. Strategically located on Route 11, this high-visibility site benefits from significant daily traffic and proximity to major retailers including Walmart, Target, Wegmans, and Drivers Village. Easy access to Routes 81 and 90 further enhances its appeal. This is an ideal investment for those seeking a strong, existing cash flow with significant redevelopment potential in a high-traffic area. The property offers a blend of immediate income and long-term growth opportunities. This is a rare chance to acquire a well-positioned asset in a thriving commercial corridor.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cicero
- County
- Onondaga
- State
- New York
- Longitude
- -76.1191
- Latitude
- 43.1662
