For Sale
$2,150,000

8167 Brewerton Rd Cicero, NY 13039

Cicero, NY QSR/Fast Food Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
138
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.

Highlights

  • Prime 1.84-acre redevelopment opportunity in Cicero, NY.
  • High-traffic location on Route 11, near major retailers (Walmart, Target, Wegmans).
  • Two existing retail buildings (4,139 SF), 100% occupied, generating $43,516 NOI.
  • $2,150,000 asking price; $519.45/SF.

Property Details for 8167 Brewerton Rd

Property type
Retail properties, Mixed-use properties
Square Feet
4,139 SF
Year Built
1966
Stories
2
Lot Size (sq. ft)
80,150 SF

Location Insight

City
Cicero
County
Onondaga
State
New York
Latitude
43.1662192
Longitude
-76.1190618

FAQs

What type of property is this?
Retail property - Cicero, NY QSR/Fast Food Opportunity
Where is the retail property located?
The property is located at 8167 Brewerton Rd Cicero, NY.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Prime 1.84-acre redevelopment opportunity in Cicero, NY.; High-traffic location on Route 11, near major retailers (Walmart, Target, Wegmans).; Two existing retail buildings (4,139 SF), 100% occupied, generating $43,516 NOI.
How can I contact the broker?
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8167 Brewerton Rd
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