437 Warren StSyracuse, NY 13202
- Mixed-use properties
- 7,200 SF
Property Details for 437 Warren St
- Year built
- 1960
- Lot size
- 0.09 AC
- Property size (Sq ft)
- 7,200 SF
- Zone code
- 13
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 311500 102.-14-09.0
- APU
- 31150010214090
Description
This exceptional opportunity presents the chance to acquire a thriving, established video game retail business in the heart of Syracuse, New York. Located at 437 S Warren St, this 10,800 square foot property sits on a 0.09-acre lot and is priced at $325,000. Voltage Video Games, a well-known and respected name in the Central New York community for over a decade, boasts a strong reputation and consistent customer base within the lucrative retro video game market. The sale includes all existing inventory, valued at over $120,000, ensuring a seamless transition for the new owner. This comprehensive package encompasses everything necessary to immediately commence operations, eliminating the need for significant upfront investment in equipment or stock. The business is currently generating substantial sales figures, which are available upon request and subject to a non-disclosure agreement (NDA) to protect the seller's confidential information. This turnkey operation offers a rare opportunity to step into a profitable, established business with a proven track record and significant growth potential within a dedicated market segment. The property's size and location provide ample space for both retail operations and potential expansion. Serious inquiries only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,162,679
- 6.5%
- $1,073,242
- 7%
- $996,582
-
Comparable approach
- Method
- Valuation
- Relative Method
- $657,779
- Geo Method
- $940,752
-
Alternative Use
- Use
- Valuation
- Residential
- $1,330,821
- Hospitality
- $1,219,025
- Educational
- $1,014,214
- Medical
- $1,049,095
- Retail
- $1,577,666
Location Insight
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Latitude
- 43.0463
- Longitude
- -76.1505
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].