902 Park Ave
Syracuse, NY 13204
Price Reduced! · Retail Property For Sale

After being under contract for the last 9 months “The Park Market” is back on the market. ASKING PRICE REDUCED TO $230,000 ANY REASONABLE CASH OFFER WILL BE CONSIDERED This is an incredible opportunity to purchase this profitable convenience store with two great apartments (1) is a one BR and (1) is a four BR. The current owners have made a very nice living over the last 30 years of ownership. The contract buyers kept asking for extensions so they could get the cash and licensing requirements taken care of, after numerous extensions the buyers couldn’t get their act together. The owners are ready to sell and retire. Please review all the new info, the updated flyer, the new income/expense (attached) as there was some confusion on what the breakdown was on Lotto vs Grocery sales and how it was rung up. The attached should clarify everything as the lotto and grocery sales are entered thru the same main register (not a POS). All the sales figures and cost of goods are updated as I added up every daily register tape and all the invoices from the suppliers shown. There is also lots of upside..it’s a cash business, they currently don’t sell any hot foods only deli sandwiches (pizza would be great) they have no ATM income and they are only open from 9:00 am to 9:00 pm Monday thru Saturday and 9:00 to 2:00 on Sunday Profitable convenience store for over 30 years. 3,000SF with storage on first floor. 2,845SF on second floor with one 3 bedroom apartment and one 1 bedroom apartment. Leases are both for $1,400 per month. Convenience store averages over $700,000 per year. Three car garage available to lease. All FF&E to remain for new owners. Basement is 2,350SF and very clean and dry.