6596 Old Collamer Rd, East Syracuse, NY 13057
For Sale
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This exceptional 2,373 square foot mixed-use property, located at 6596 Old Collamer Rd in East Syracuse, NY 13057, presents a unique investment opportunity. Previously operating as a restaurant, this vacant building offers versatile space ideal for a bar, restaurant, storefront, or office use. Situated on a 0.46-acre lot, the two-story building (built in 1970) boasts new electrical service, plumbing, furnace, A/C, and lighting. An attractive new outdoor patio and walkway have also been recently installed. The property is conveniently located near the NYS Thruway, Routes 481 and 690, and surrounded by other restaurants and hotels, ensuring high visibility and accessibility. With approximately 20 available parking spots, this property is ready for immediate occupancy (February 3, 2023). The asking price is $295,000 ($124.32/sq ft), and owner financing may be available. The property is zoned commercial and features one unit within a single building. Tenant improvements may be offered by the seller for a suitable lease agreement. This is an excellent opportunity for an owner-user seeking a net lease arrangement. The property's APN is 025.-04-16.1.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
06 - INDUSTRIAL · East Syracuse, NYEast Syracuse. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.