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5998 State Route 31 1,976 SF 9% Leased Retail Building Cicero, NY 13039 $289,900 ($146.71/SF)
INVESTMENT HIGHLIGHTS
- Modern, well maintained single use office
- Newly paved & striped parking lot
EXECUTIVE SUMMARY
Modern, well maintained single use office or retail with huge presence right on Route 31, directly in front of Cicero-North Syracuse High School. Large reception area, vaulted-ceiling conference room, kitchen/breakroom with bathroom, and two offices upstairs with a bullpen. Excellent visibility with signage, perfect for professional services or retail. Newly paved and striped parking with 23 spaces and a shed in the 3/4 fenced lot.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$7,615
|
$3.85
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,615
|
$3.85
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $7,615 |
| Annual Per SF | $3.85 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $7,615 |
| Annual Per SF | $3.85 |
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,976 SF
Building Class
C
Year Built
1966
Price
$289,900
Price Per SF
$146.71
Percent Leased
9%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
0.41 AC
Zoning
Commercial
Parking
23 Spaces (11.64 Spaces per 1,000 SF Leased)
Frontage
79’ on Rt-31 Hwy
AMENITIES
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 312289-051-000-0001-013-000-0000 | Total Assessment | $170,000 |
| Land Assessment | $33,000 | Annual Taxes | $7,615 ($3.85/SF) |
| Improvements Assessment | $137,000 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
312289-051-000-0001-013-000-0000
Land Assessment
$33,000
Improvements Assessment
$137,000
Total Assessment
$170,000
Annual Taxes
$7,615 ($3.85/SF)
Tax Year
2024
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5998 State Route 31
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