105 N Main St - Medical FOR SALE


North Syracuse, NY 13212
$450,000 USD
315-954-4703
105 N Main St, North Syracuse, NY for Sale
$450,000 USD
Medical - FOR SALE
1/27
null | 8.2% Cap Rate

105 N Main St
North Syracuse, NY 13212


HIGHLIGHTS

  • Main St Foot Traffic
  • Ample Parking

OVERVIEW

Exceptional opportunity to acquire a well-maintained commercial building in a prime North Syracuse location. This 1,876 sq ft medical office building has housed a successful optometry practice for 29 years (37 years by the previous owner). The property offers excellent visibility, ample parking, and is ideally suited for medical or professional office use. The building is available as part of a business sale package, providing a solid investment for buyers. The established location and quality construction make this an ideal investment for owner-users or investors seeking stable commercial real estate. Showings by appointment only with 24-hour notice due to active business operations. All interested buyers must sign an NDA before receiving information on the optometry business for sale. Rare opportunity to acquire a thriving optometry practice with nearly three decades of success in a prime North Syracuse location. This well-established practice demonstrates exceptional financial performance with consistent year-over-year growth and strong cash flow. Complete with state-of-the-art equipment, experienced staff, and a loyal patient base, this turnkey operation offers an ideal opportunity for an entrepreneurial optometrist or strategic buyer. Optometry business is being sold as a package. - At $795,000, this practice represents exceptional value in the Central New York market: Approximately 2.9× multiple of SDCF 34% increase in SDCF over the past 5 years Established patient base with consistent referral network Complete equipment package and inventory Owner financing is an option

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$240 USD /SF

CAP RATE

8.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

07

APN/PARCEL ID

312401-003-000-0002-012-000-0000

ASK ABOUT THIS PROPERTY

Jason KlinkHome With Us Realty Group, LlcMore Info
315-954-4703

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Jason KlinkHome With Us Realty Group, LlcMore Info
315-954-4703

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.