2616 Brewerton RdMattydale, NY 13211

Property Details for 2616 Brewerton Rd

Year built

1998

Lot size

1.79 AC

Property size (Sq ft)

10,908 SF

Zone code

05 - COMMERCIAL

Property type

Retail space

APN

314889 059.-03-05.1

APU

31488905903051

Description

This exceptional 10,908-square-foot retail space, located at 2616 Brewerton Road in Mattydale, New York, presents a unique opportunity for a discerning tenant. Previously occupied by a Walgreens, this single-tenant building offers a spacious and well-maintained layout, ideal for a variety of retail or office uses. The property is situated in Onondaga County, benefiting from excellent visibility and accessibility. The entire building is currently vacant, providing immediate occupancy for a new business. The substantial square footage allows for ample space to accommodate a large-scale operation or multiple smaller businesses within a single location. The property's previous use as a pharmacy suggests existing infrastructure suitable for retail operations, potentially reducing initial setup costs. The building's design and layout are adaptable to suit a range of needs, offering significant potential for customization to meet specific business requirements. Given its size and location, this property represents a compelling investment opportunity for businesses seeking a prominent presence in the Mattydale market. Interested parties are encouraged to inquire further to explore the possibilities this exceptional space offers. The property is ready for immediate occupancy. The building's condition is excellent, reflecting its previous use as a well-maintained retail establishment.

• CAP approach

  CAP return

  Valuation

  6%

  $2,589,345

  6.5%

  $2,390,165

  7%

  $2,219,439

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,511,268

  Geo Method

  $3,591,603

• Alternative Use

  Use

  Valuation

  Residential

  $2,016,193

  Hospitality

  $1,846,822

  Educational

  $1,536,534

  Medical

  $1,589,378

  Retail

  $2,390,165

Location Insight

City

Syracuse

County

Onondaga

State

New York

Latitude

43.1038

Longitude

-76.145

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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