3011 E Erie Blvd - Restaurant FOR SALE


Syracuse, NY 13224- Eastside
$1,290,000 USD
315-372-7772
3011 E Erie Blvd, Syracuse, NY for Sale
$1,290,000 USD
Restaurant - FOR SALE
1/19
null | Request Cap Rate

NEW


3011 E Erie Blvd
Syracuse, NY 13224
Eastside


HIGHLIGHTS

  • 10,148 SF commercial building on a 1.38-acre CM-Commercial zoned lot offers a prime opportunity for owner-operators and investors at $1,290,000.
  • 25,000 vehicles in Average Annual Daily Traffic (AADT)
  • 100-space parking field and rapid access to I-690.
  • Suitable for a wide range of uses, including retail, medical/dental, professional offices, educational facilities, daycare centers, pet care, etc...

OVERVIEW

Located at 3011 Erie Boulevard East in the Syracuse metro, this 10,148 SF commercial building on a 1.38-acre CM-Commercial zoned lot offers a prime opportunity for owner-operators and investors at $1,290,000. With exceptional visibility from 95 feet of frontage on Erie Boulevard East, a major commercial artery boasting over 25,000 vehicles in Average Annual Daily Traffic (AADT), the property provides a generous 100-space parking field and rapid access to I-690. Previously a restaurant, the space is a versatile blank canvas suitable for a wide range of uses, including retail, medical/dental, professional offices, educational facilities, daycare centers, pet care and pet supply stores, indoor sports/entertainment complex, art gallery or cultural centers, fitness/wellness centers, home goods and decor, financial institutions, auto-oriented businesses or continued restaurant development. The timing for this investment is perfect, as previous market conditions are now superseded by a generational economic expansion driven by Micron's $100 billion semiconductor investment, drawing significant capital and a growing workforce to the region. This influx is catalyzing demand for suburban properties in well-located corridors like Erie Boulevard, shifting the value proposition to the promise of a future-focused growth market. Situated in the Eastside near Syracuse's prominent "Eds and Meds" corridor, this asset is poised to benefit from expanding medical services and suburban population growth. A proactive investor can acquire this high-profile asset at a compelling price point and capitalize on Central New York's long-term growth. The combination of its prime location, flexible usage potential, and the current market dynamics generate the ideal time to capitalize on this unparalleled opportunity. Don’t miss your chance to invest in the future of Syracuse’s commercial landscape!

FOR SALE DETAILS

PRICE

$1,290,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

112

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

022

APN/PARCEL ID

311500-033-000-0001-009-000-0000

ASK ABOUT THIS PROPERTY

Catherine HuangHoward Hanna Real Estate ServicesMore Info
315-372-7772

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Catherine HuangHoward Hanna Real Estate ServicesMore Info
315-372-7772

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