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Investment Highlights

  • 2956-2960 Erie Blvd East represents a rare opportunity to acquire or lease a 10,040 SF freestanding facility situated on a 1.4 acre parcel
  • Full equipped commercial
  • Turnkey
  • New HVAC, plumbing and electrical

Executive Summary

2956-2960 Erie Blvd East represents a rare opportunity to acquire or lease a 10,040 SF freestanding facility situated on a 1.4 acre parcel within the region’s premier commercial artery. With an exceptional parking ratio of 10.00/1,000 SF (100 spaces), this site is engineered for high-volume operations. The property commands excellent visibility on Erie Boulevard, 130’ on Erie Boulevard, the market's highest-volume surface street, supporting approximately 21,000 VPD (vehicle per day). Strategic proximity to the I-690 interchange provides seamless connectivity to the Syracuse/DeWitt CBD (commercial business district) and the greater I-81 corridor. The asset is positioned within a core retail cluster featuring national category leaders such as Walmart, Trader Joe's, Best Buy, and The Home Depot. The property features 140 sitting capacity dinning area, 5 private karaoke/party rooms, elevator, fully equipped commercial kitchen, BBQ tables, outdoor dinning patio and loading dock. Flexible commercial zoning supporting a wide range of retail, restaurant, and showroom uses. Retail Anchors: just minutes from major shopping destinations. Medical and Professional Hubs: Proximity to dense concentration of medical offices, 4 major hospitals and 2 universities, provides a built-in daytime population of professionals and clients. Investment asset: economic catalysts & development pipeline such as recent significant public and private developments including Micron, new proposed hubs, ever expanding University student housing, further solidify this corridor as a premier destination. Whether you are looking to re establish a sizable restaurant or to expand commercial retail presences, this property offers immediate upside for an owner/user or value-add investor with high traffic volume, regional market positioning, and investment stability.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,040 SF
Building Class
C
Year Built/Renovated
1960/2024
Price
$3,426,350 CAD
Price Per SF
$341.27 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.40 AC
Zoning
MX3 - Mixed-use Commercial
Parking
100 Spaces (13.07 Spaces per 1,000 SF Leased)
Frontage
86’ on Erie Blvd

Amenities

  • Bus Line
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 10,040 SF
  • Restaurant
  • -
  • Now

2956-2960 Erie Blvd East represents a rare opportunity to acquire or lease a 10,040 SF freestanding facility situated on a 1.4 acre parcel within the region’s premier commercial artery. With an exceptional parking ratio of 10.00/1,000 SF (100 spaces), this site is engineered for high-volume operations. The property commands excellent visibility on Erie Boulevard, 130’ on Erie Boulevard, the market's highest-volume surface street, supporting approximately 21,000 VPD (vehicle per day). Strategic proximity to the I-690 interchange provides seamless connectivity to the Syracuse/DeWitt CBD (commercial business district) and the greater I-81 corridor. The asset is positioned within a core retail cluster featuring national category leaders such as Walmart, Trader Joe's, Best Buy, and The Home Depot. The property features 140 sitting capacity dinning area, 5 private karaoke/party rooms, elevator, fully equipped commercial kitchen, BBQ tables, outdoor dinning patio and loading dock. Flexible commercial zoning supporting a wide range of retail, restaurant, and showroom uses. Retail Anchors: just minutes from major shopping destinations. Medical and Professional Hubs: Proximity to dense concentration of medical offices, 4 major hospitals and 2 universities, provides a built-in daytime population of professionals and clients. Investment asset: economic catalysts & development pipeline such as recent significant public and private developments including Micron, new proposed hubs, ever expanding University student housing, further solidify this corridor as a premier destination. Whether you are looking to re establish a sizable restaurant or to expand commercial retail presences, this property offers immediate upside for an owner/user or value-add investor with high traffic volume, regional market positioning, and investment stability.

Space Size Space Use Position Available
1st Floor 10,040 SF Restaurant - Now

1st Floor

Size
10,040 SF
Space Use
Restaurant
Position
-
Available
Now

1st Floor

Size 10,040 SF
Space Use Restaurant
Position -
Available Now

2956-2960 Erie Blvd East represents a rare opportunity to acquire or lease a 10,040 SF freestanding facility situated on a 1.4 acre parcel within the region’s premier commercial artery. With an exceptional parking ratio of 10.00/1,000 SF (100 spaces), this site is engineered for high-volume operations. The property commands excellent visibility on Erie Boulevard, 130’ on Erie Boulevard, the market's highest-volume surface street, supporting approximately 21,000 VPD (vehicle per day). Strategic proximity to the I-690 interchange provides seamless connectivity to the Syracuse/DeWitt CBD (commercial business district) and the greater I-81 corridor. The asset is positioned within a core retail cluster featuring national category leaders such as Walmart, Trader Joe's, Best Buy, and The Home Depot. The property features 140 sitting capacity dinning area, 5 private karaoke/party rooms, elevator, fully equipped commercial kitchen, BBQ tables, outdoor dinning patio and loading dock. Flexible commercial zoning supporting a wide range of retail, restaurant, and showroom uses. Retail Anchors: just minutes from major shopping destinations. Medical and Professional Hubs: Proximity to dense concentration of medical offices, 4 major hospitals and 2 universities, provides a built-in daytime population of professionals and clients. Investment asset: economic catalysts & development pipeline such as recent significant public and private developments including Micron, new proposed hubs, ever expanding University student housing, further solidify this corridor as a premier destination. Whether you are looking to re establish a sizable restaurant or to expand commercial retail presences, this property offers immediate upside for an owner/user or value-add investor with high traffic volume, regional market positioning, and investment stability.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Cross Fit Syracuse
Orangetheory Fitness
Starbucks
Price Chopper
Olive Garden
Texas Roadhouse
Crunch Fitness
Sky Zone
My Gym
Applebee's

Property Taxes

Property Taxes

Parcel Number
311500-033-000-0005-009-001-0000
Land Assessment
$192,013 CAD
Improvements Assessment
$630,311 CAD
Total Assessment
$822,324 CAD
  • Listing ID: 40512475

  • Date on Market: 2026-05-13

  • Last Updated:

  • Address: 2956-2960 Erie Blvd E, De Witt, NY 13224

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