920 Old Liverpool Rd Liverpool, NY 13088-5513
- Turn key restaurants
- 3,326 SF
- 1.15 lot acres
Current Use by Public Records
- Hope Cafe / Cafe / Coffee Shop
Property Details for 920 Old Liverpool Rd
- Year built
- 1980
- Lot size
- 1.15 lot acres
- Property size
- 3,326 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Turn key restaurants
- APN
- 314889 091.-01-26.0
- APU
- 31488909101260
Description
This exceptional 3,326 square foot freestanding retail building, situated on a 1.15-acre lot in Liverpool, NY, presents a compelling investment opportunity. Formerly a fast-food restaurant, this property boasts a highly visible location on Old Liverpool Road, which sees a daily traffic count of 12,370 vehicles. The building, constructed in 1980 and featuring a new roof installed in 2023, benefits from a convenient drive-thru window, ample parking for 57 cars, a full basement offering additional storage and office space, and a walk-in freezer and cooler. The C-2 (Commercial Highway District) zoning allows for a variety of uses. Its strategic location near established retailers such as Family Dollar, Dunkin' Donuts, Ace Hardware, Jreck Subs, Valvoline, and Heid's, along with the proximity to Destiny USA and the Village of Liverpool, ensures strong customer traffic and visibility. The property's strong demographics and convenient access make it an ideal location for a variety of businesses. The asking price is $450,000. This is a rare opportunity to acquire a well-located, versatile commercial property with significant potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $295,000
- 7%
- $260,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $235,000
- Retail
- $305,000
- Mixed-Use
- $270,000
- Hospitality
- $250,000
- Educational
- $250,000
- Residential Income
- $235,000
- Energy
- $265,000
- Income-Based Land
- $245,000
- Food Service
- $270,000
Location Insight
- Map
- Local Demand
- City
- Liverpool
- County
- Onondaga
- State
- New York
- Longitude
- -76.198
- Latitude
- 43.0998
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA
