Listed by Acropolis Realty Group
$1,500,000
216 W. Genesee St
Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building, Storefront
Square Footage 12,000
Units 7
Occupancy 85%
Class B
Year Built 1940
Buildings 1
Stories 4
Acreage 0.070
Zoning MX-5
Mixed-Use Building for Sale – Downtown Syracuse
Marketing description
Six Updated Residential Units – Fully leased with stable, income-producing tenants
- Ground-Floor Commercial Suites – Currently fully leased as individual suites ranging from $500–$750 per month, providing additional diversified income
- Third Floor Flexibility – Currently configured as one unit, with potential to divide and create additional units for increased income
- Prime, High-Demand Location adjacent to Historic Clinton Square
- Strong Tenant Drivers including Syracuse University, University Hospital, and major downtown employers, with Micron’s new campus bringing additional growth and opportunity
Located just steps from Historic Clinton Square, this property benefits from exceptional walkability and year-round activity. Tenants enjoy access to dining, entertainment, public transit, and seasonal events, supporting long-term occupancy and rental stability. With Syracuse’s booming economy and expanding employment base, this asset offers reliable cash flow today and significant upside potential through unit reconfiguration and future value enhancement — making it a compelling opportunity for savvy investors.
Investment highlights
Presenting an opportunity to own a well-maintained four-story mixed-use building in one of Syracuse’s most vibrant and walkable neighborhoods.
The property features six fully renovated residential units with a strong tenant history, providing immediate and reliable cash flow.
The ground floor is fully leased and configured as multiple commercial suites, creating diversified income streams while offering future repositioning potential.
Listing Contacts
Listed by Acropolis Realty Group
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Zoning
MX-5 MixedMixed UseCentral Business District
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