2965 Erie Blvd E - Restaurant FOR SALE


Syracuse, NY 13224- Eastside
$1,800,000 USD
315-427-7816
2965 Erie Blvd E, Syracuse, NY for Sale
$1,800,000 USD
Restaurant - FOR SALE
1/8
null | Request Cap Rate

2965 Erie Blvd E
Syracuse, NY 13224
Eastside


HIGHLIGHTS

  • Prime Erie Blvd East Restaurant Row location. High visibility
  • Easily accessible from I-690 at Midler Avenue or Thompson Road
  • Turnkey Restaurant including (partial) FF&E
  • Full Refrigeration (2 coolers/1 freezer), Dining for 115± / Bar/Dining for 45±, 125± car parking
  • EDPM rubber roof. 1,000A/3-Phase power. CM Zoning allows for multiple uses
  • Adjacent property available for a total of 3.0± acres

OVERVIEW

Red Lobster lease was terminated. Sale price includes all existing FF&E. Operating Expenses reported as $6.30/SF of which $26,988 (2023) is defined as Property Taxes ($3.76/SF). Seller does not warrant the prior reported Operating Expenses.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$251 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

1.62 AC

LAND SF

70,567 SF

ZONING

CM

APN/PARCEL ID

311500-033-000-0001-010-000-0000

ASK ABOUT THIS PROPERTY

Michael KaletCushman & Wakefield | Pyramid Brokerage CompanyMore Info
315-427-7816

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Michael KaletCushman & Wakefield | Pyramid Brokerage CompanyMore Info
315-427-7816

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