214 Oswego StSalina, NY 13088

  • Turn key restaurants
  • 972 SF
For Sale
$150,000 View listing

Property Details for 214 Oswego St

Year built
1965
Lot size
0.29 AC
Property size (Sq ft)
972 SF
Zone code
05 - COMMERCIAL
Property type
Turn key restaurants
APN
314801 003.-10-13.0
APU
31480100310130

Description

This thriving diner in Liverpool, NY presents a fantastic turnkey opportunity for a new owner. Located at 214 Oswego St, this 1,100 square foot establishment boasts a loyal customer base and comfortably seats over 40 patrons. The sale includes all equipment, fixtures, furniture, and goodwill, along with the assumption of an existing lease. The business enjoys a prime location near the intersection of Oswego Street and Onondaga Lake Parkway, benefiting from high traffic counts of 11,975 and 22,147 AADT respectively. Its proximity to major thoroughfares like the NYS Thruway and Route 81, as well as popular destinations such as Onondaga Lake Parkway, Amazon Distribution Center, and Destiny USA, ensures consistent customer flow. The property includes approximately 30 parking spaces for customer convenience. The current owners are retiring, making this a rare chance to acquire a well-established, profitable business. The asking price is $150,000, and owner financing may be available. Note that the square footage listed in tax records is an approximation and does not reflect actual measurements. This is a truly exceptional opportunity for an experienced restaurateur seeking a profitable, established business with significant growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $230,734
    6.5%
    $212,985
    7%
    $197,772
  • Comparable approach

    Method
    Valuation
    Relative Method
    $223,776
    Geo Method
    $320,044
  • Alternative Use

    Use
    Valuation
    Residential
    $179,661
    Hospitality
    $164,568
    Educational
    $136,919
    Medical
    $141,628
    Retail
    $212,985

Location Insight

City
Liverpool
County
Onondaga
State
New York
Latitude
43.1015
Longitude
-76.2011
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
-
$15,600
$214,400
$230,000
-
$17,528
$240,899
$258,427

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