920 Old Liverpool RdLiverpool, NY 13088

Property Details for 920 Old Liverpool Rd

Year built

1980

Lot size

1.15 AC

Property size (Sq ft)

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.

• CAP approach

  CAP return

  Valuation

  6%

  $789,527

  6.5%

  $728,794

  7%

  $676,738

• Comparable approach

  Method

  Valuation

  Relative Method

  $765,720

  Geo Method

  $1,095,129

• Alternative Use

  Use

  Valuation

  Residential

  $614,765

  Hospitality

  $563,122

  Educational

  $468,511

  Medical

  $484,623

  Retail

  $728,794

Location Insight

City

Liverpool

County

Onondaga

State

New York

Latitude

43.0998

Longitude

-76.198

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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