Syracuse Mixed-Use Corner Building
Retail | 6.66% CAP | 38,552 SqFt
Marketing description
Signalized corner, high-visibility investment opportunity in Syracuse’s Near West Side. This 38,552 SF multi-tenant retail building is improved with 11 established tenants and sits on a 0.53-acre parcel with strong exposure to approximately 20,000 vehicles per day, adjacent to a Valero gas station. The 1920 two-story structure offers durable “main street” retail fundamentals plus meaningful value-add: below-market rents with month-to-month flexibility, a large vacant second floor suitable for residential conversion or additional commercial tenancy (MX-2 zoning), and a basement currently used for storage with potential for expanded use. Recent capital improvements include a roof approximately three years old, newer windows, and a refreshed exterior. Minutes to Burnet Park and the Rosamond Gifford Zoo, and near the City’s new public safety/police facility, this asset combines current cash flow with redevelopment upside.
Investment highlights
- 38,552 SF corner multi-tenant retail building
- 11 established tenants; month-to-month leases
- Signalized intersection with ±20,000 VPD
- 0.53-acre parcel; next to Valero Gas
- 1920 historic building with freight elevator
- Newer roof, newer windows, refreshed exterior
- Below-market rents with upside potential
- Vacant second floor for mixed-use buildout (MX-2)
- Basement storage with expansion potential
- Near Burnet Park Zoo; new police facility nearby
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?




















































































