2290 Downer Street RD, Baldwinsville, NY 13027
2290 Downer Street RD, Baldwinsville, NY 13027
2290 Downer Street RD, Baldwinsville, NY 13027
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$2,500,000
Est. payment /mo
5,868 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,868 sqft

Price per Sqft $426

MLS Listing ID S1708357

Construction Status Existing

HOA Y/N No

Year Built 2023

Annual Tax Amount $19,550

Lot Size 1.060 Acres

Acres 1.06

Lot Dimensions 200X230

Property Sub-Type Commercial

Property Description

Outstanding two-tenant net-leased investment opportunity at 2290 Downer Street Road in Baldwinsville. Built in 2021, this approximately 5,868-square-foot commercial property is occupied by Valvoline and an urgent-care provider under long-term triple-net leases. Combined initial annual rent is approximately $130,950, with scheduled rent increases of approximately 10% every five years. The modern facility includes three service bays, attractive commercial construction, a full basement and excellent visibility along Downer Street Road. Situated on approximately 1.06 acres with roughly 200 feet of road frontage and convenient access near Meigs Road. The two-tenant configuration provides diversified income, while the NNN lease structure offers investors a comparatively passive ownership opportunity with limited landlord expense obligations. An attractive option for a 1031 exchange buyer or investor seeking long-term contractual income and built-in rental growth. Property is offered subject to existing leases. Financial information, leases and supporting documentation are available to qualified buyers upon execution of a confidentiality agreement.

Location

State NY

County Onondaga

Area Van Buren-315689

Zoning LB

Direction route 690 to downer road

Interior

Heating Gas, Forced Air

Cooling Central Air

Inclusions Building Only

Fireplace No

Exterior

Utilities Available Sewer Connected

Roof Type Asphalt,Flat

Total Parking Spaces 30

Building

Lot Description Rectangular, Rectangular Lot

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Spray Foam Insulation

Construction Status Existing

Schools

School District Baldwinsville

Others

Tax ID 315689-033-001-0005-010-002-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1708357


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Listed by Century 21 Galloway Realty

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Shawn Cregg

Shawn Cregg

+1(315) 391-3806

NY Agent | License ID: 10401284942

NY Agent License ID: 10401284942

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