2220 Downer Street RdBaldwinsville, NY 13027

  • Drive through restaurants
  • 2,650 SF
For Sale
$800,000 View listing

Property Details for 2220 Downer Street Rd

Year built
2021
Lot size
5.49 AC
Property size (Sq ft)
2,650 SF
Zone code
GB
Property type
Drive through restaurants
APN
315689 033.1-04-02.2
APU
315689033104022

Description

This exceptional commercial property, located at 2220 Downer Street Road in Baldwinsville, New York, presents a significant investment opportunity. Boasting a substantial 138,120 square feet of space, this general commercial building sits on a generous 3.17-acre lot, offering ample room for expansion, parking, or outdoor operations. The asking price is $800,000, representing a compelling value for a property of this size and location within Baldwinsville. The building's versatile layout is ideal for a variety of commercial uses, making it suitable for businesses seeking a large footprint and significant potential. Its strategic location in Baldwinsville provides easy access to major transportation routes and a thriving local market. The substantial acreage offers significant flexibility for future development or expansion plans. This property is a rare find, combining size, location, and price to create an attractive investment prospect for discerning buyers. Serious inquiries are encouraged to explore the full potential of this remarkable commercial offering. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Detailed property information and specifications are available upon request. Don't miss this chance to acquire a prime commercial asset in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $629,058
    6.5%
    $580,669
    7%
    $539,193
  • Comparable approach

    Method
    Valuation
    Relative Method
    $610,090
    Geo Method
    $872,548
  • Alternative Use

    Use
    Valuation
    Residential
    $489,816
    Hospitality
    $448,669
    Educational
    $373,287
    Medical
    $386,125
    Retail
    $580,669

Location Insight

City
Baldwinsville
County
Onondaga
State
New York
Latitude
43.1504
Longitude
-76.3537
CBSA code
45060
CBSA name
SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$300,000
$500,000
$800,000
-
$315,789
$526,316
$842,105

FAQs

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