8219 Market Place, Manlius, NY 13104 (MLS # S1610541)

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View Virtual Tour PRICE $750,000 SIZE 2,466 sqft LOT SIZE 2,614 sqft Request More Info Schedule a Showing

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.