8219 Market Place in Manlius, NY presents a rare opportunity to acquire a fully built-out, income-producing wellness center with significant upside. Offered at $750,000, this 2,466 sq ft commercial property is zoned C-B (Commercial District B) and features 6 private treatment suites, a rentable yoga/event studio, a monetized infrared sauna room, a full kitchen, lounge area, infusion bar area, 3 baths, and a flexible open layout ideal for a wide range of professional, health, and wellness uses. The current business is known as "Center of Grace Wellness & Retreat Center." This property is currently 25% occupied and generating an actual NOI of $62,756.93, with a projected Pro Forma NOI exceeding $339,000 annually at full utilization. Extensive renovations between 2018 to 2023 include updated HVAC, electric lighting, flooring, ADA-compliant restrooms, and a high-efficiency layout designed to support multiple income streams. This turn-key asset includes a private on-site parking lot (24+ spaces) and is located within a professionally managed HOA in a high-demand corridor of Manlius. With comparable sales in the area supporting higher price-per-square-foot evaluations, this property is priced below market to encourage immediate interest from investors, owner-users, and 1031 exchange buyers seeking a flexible, cash-flowing commercial asset in one of Central New York’s suburban communities.
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Listing Snapshot
Price
$750,000
Days On Site
18 Days
Bedrooms
N/A
Inside Area (SqFt)
2,466 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.06 Acres
Year Built
2000
MLS® Number
S1610541
Status
Active
Property Tax
$9,377
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Accessible Full BathAccessible Approach with RampAccessible Doors
Financing Terms Available
CashOwner Will CarryPrivate Financing Available
MLS Area
Manlius-313889
School District
Fayetteville-Manlius
Township
Not Applicable
Schools
School District
Fayetteville-Manlius
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Andrea Price of Acropolis Realty Group LLC 3154593234
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.
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