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105 N Main St 1,876 SF Office Building North Syracuse, NY 13212 $450,000 ($239.87/SF) 8.20% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Main St Foot Traffic
  • Ample Parking

EXECUTIVE SUMMARY

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 $675,000, 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

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
1,876 SF
Building Class
C
Year Built
1950
Price
$450,000
Price Per SF
$239.87
Cap Rate
8.20%
NOI
$36,900
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,876 SF
Building FAR
0.19
Lot Size
0.23 AC
Zoning
07
Parking
15 Spaces (8 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
312401-003-000-0002-012-000-0000
Land Assessment
$2,400
Improvements Assessment
$6,300
Total Assessment
$8,700
  • Listing ID: 35948277

  • Date on Market: 5/22/2025

  • Last Updated:

  • Address: 105 N Main St, North Syracuse, NY 13212

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