1840 Lemoyne Ave, Syracuse, NY 13208
32,000 SF Flex / Industrial Opportunity | For Sale | $1,600,000
Marketing description
Positioned in one of Syracuse’s established industrial corridors, 1840 Lemoyne Ave offers a rare chance to acquire a mid-sized flex/industrial facility with immediate utility for an owner-user, investor, manufacturer, fabricator, warehouse operator, or redevelopment-minded buyer. Public listings identify the property at roughly 31,595 to 34,578 square feet on 1.45 acres, originally built in 1943, with masonry construction, sprinklers, industrial zoning, and heavy power. The asking price is $1.6 million, or about $46/SF.
The site sits in the Lyncourt / North Syracuse industrial pocket with strong regional connectivity. Public marketing notes immediate access to I-81 and the New York State Thruway, and Syracuse Hancock International Airport is approximately 10 minutes / 3.9 miles away. Syracuse Hancock also reports nonstop service to 29 destinations, which adds practical value for companies with vendor, employee, or customer travel needs.
For buyers thinking beyond today’s use, the broader Central New York growth story adds a meaningful tailwind. Micron’s planned semiconductor campus in Clay remains one of the region’s defining economic catalysts, with the company and state filings continuing to describe a major long-term manufacturing investment in Onondaga County. The ongoing I-81 Viaduct Project is also reshaping transportation access and movement patterns across Syracuse. Neither project changes this property on its own, but both strengthen the case for well-located industrial real estate in the market.
Investment highlights
- For Sale: $1,600,000
- Price/SF: approximately $46/SF
- Building Size: public sources report about 31,595 SF to 34,578 SF
- Lot Size: 1.45 acres / 63,162 SF
- Property Type: Flex / Industrial / Manufacturing
- Class: B
- Year Built: 1943
- Construction: Masonry
- Sprinklered: Yes
- Power: Heavy power reported
- Tenancy: Single-tenant / flexible owner-user or investment profile
- Zoning: reported as Industrial / I-1 / Zoning Code 06 in public listings
- Location Advantage: immediate access to I-81 and the NYS Thruway
- Airport Access: roughly 10 minutes to Syracuse Hancock International Airport
- Use Potential: manufacturing, fabrication, warehousing, distribution, trade operations, service industrial, flex conversion, repositioning, or redevelopment subject to approvals
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