RARE opportunity to own a 100% occupied and cash-flowing retail strip mall in a prime location. Situated in the heart of Central Square, NY this center is located at a high traffic point giving lots of visibility. Well established tenants with thriving businesses throughout the entire property serving as a great retail mix. 9 total diverse tenants. 9 storefronts with 1 two bedroom apartment on the second level. Major capex invested by the current owner in the last several years. Strong basis at only $90/sf. Room to grow rents to market rate of about $16/sf and bill back CAM's. NOI currently sits at $70,842 valuing this property at a 8.86% cap rate. Each tenant has a meter for gas/electric and pays their own utilities. Landlord pays water/sewer and one house meter on each building for exterior lighting. Water/sewer/taxes/insurance/exterior maintenance can be billed back to tenants allowing for a NN or NNN opportunity. This plaza consists of two buildings and two separate tax parcels.
Incredible opportunity for a fully equipped automotive sales/service shop. Currently a thriving auto dealership with office/showroom, a tire bay with drive in door, a 3 bay state of the art service center with 14 foot ceilings to accommodate any type of vehicle, and a fully equipped detail shop. The property features an expansive lot with parking for over 350 vehicles, and is virtually brand new and turn-key. With the expansion of the Brewerton residential area, and Micron on the way possibilities are endless. All equipment is included in the sale, including several lifts, state of the art alignment machine, 2 NYS inspection machines, compressors etc. Possibilities for auto sales or repair, fleet maintenance, landscaping, storage, etc. The original office building was completely remodeled and over 2500sf have been added since 2020, this is a one of a kind building!
27.88 ACRES RIGHT OFF INTERSTATE-81. EXIT 32!!, " Minutes from Micron Chip Plant" Prime Area for New Development, Natural Gas on Its Way! Public Sewer in the Works. Endless Possibilities, For Retail, Hospitality, Shopping Plaza, Grocery, Medical, Heavy Equipment, Welcoming Your Company to This Fast-Growing Community. Located seconds off the Central Square Exit, in The Town of West Monroe & Minutes from the NorthShore of Oneida Lake!!
The median home value in Central Square, NY is $200,000. This is higher than the county median home value of $160,300. The national median home value is $338,100. The average price of homes sold in Central Square, NY is $200,000. Approximately 47.04% of Central Square homes are owned, compared to 43.29% rented, while 9.67% are vacant. Central Square real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Central Square real estate agent to arrange a tour today!
Central Square, New York has a population of 2,092. Central Square is more family-centric than the surrounding county with 29.69% of the households containing married families with children. The county average for households married with children is 25.72%.
The median household income in Central Square, New York is $60,192. The median household income for the surrounding county is $61,983 compared to the national median of $69,021. The median age of people living in Central Square is 41.7 years.
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 14.1 degrees. The average rainfall is approximately 41.2 inches per year, with 103.3 inches of snow per year.