8167 Brewerton RdCicero, NY 13039

Property Details for 8167 Brewerton Rd

Year built

1966

Lot size

1.84 AC

Property size (Sq ft)

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.

Location Insight

City

Cicero

County

Onondaga

State

New York

Latitude

43.1662

Longitude

-76.1191

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