4915 Grolier Rd - Supermarket FOR SALE


Syracuse, NY 13215
$850,000 USD
315-752-9513
4915 Grolier Rd, Syracuse, NY for Sale
$850,000 USD
Supermarket - FOR SALE
1/14
null | Request Cap Rate

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4915 Grolier Rd
Syracuse, NY 13215


HIGHLIGHTS

  • Great location with ample parking
  • Rear loading dock

OVERVIEW

Exceptional commercial opportunity in the heart of Onondaga Hill. This free-standing 10,000 SF building on 1.09 acres is available for sale at $850,000 or lease at $7,000/month NNN. Strategically located at the signalized intersection of Onondaga Rd (NY-173) and W. Seneca Turnpike (NY-175), the property benefits from more than 24,000 vehicles per day, offering unmatched visibility and accessibility. The site is surrounded by powerful demand drivers: Onondaga Community College with over 8,000 students, faculty, and event traffic from the SRC Arena; Upstate University Hospital – Community Campus, a 314-bed medical center with hundreds of staff and thousands of visitors daily; Van Duyn Center for Rehabilitation; and established senior living communities. These institutions anchor a steady flow of potential customers year-round. Demographics are equally compelling. Within a 3-mile radius, there are more than 43,000 residents across 17,000 households with an average household income exceeding $90,000. Expanding to a 5-mile radius, nearly 140,000 residents form a broad and diverse consumer base. Onondaga County is also experiencing significant growth momentum, with major regional investments such as the Micron Technology project and new housing initiatives projected to add jobs and expand population. The building itself has seen meaningful upgrades: a new roof (2024), updated HVAC units (2020), and a $20,000 parking lot repair in 2020 provide confidence in long-term durability. Zoning under the Onondaga Hill Business District (OHB) supports a wide range of uses, including retail, office, medical, food service, and institutional. The property is offered “as is,” with the owner open to negotiating capital improvements for the right tenant. Whether purchased for owner-occupancy or acquired as an investment with leasing potential, 4915 Grolier Rd offers a rare combination of visibility, accessibility, strong demographics, and regional growth drivers. Positioned between Syracuse’s educational, medical, and suburban hubs, this is an ideal location for retail, medical office, or service-oriented businesses seeking long-term success.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$85 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

07

APN/PARCEL ID

314200-020-000-0001-016-001-0000

ASK ABOUT THIS PROPERTY

Itay SapirSAP Real Estate Group, LLCMore Info
315-752-9513

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Itay SapirSAP Real Estate Group, LLCMore Info
315-752-9513

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