425-429 N State St - Storefront Retail/Residential FOR SALE


Syracuse, NY 13203- Northside
$800,000 USD
315-422-4200
425-429 N State St, Syracuse, NY for Sale
$800,000 USD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

425-429 N State St
Syracuse, NY 13203
Northside


HIGHLIGHTS

  • FF&E includes: stoves, grills, fryers, coolers, freezers, dishwasher, and prep tables
  • Four (4) adjacent lots for parking
  • Minutes to downtown Syracuse and Destiny USA
  • Less than 0.5 mi. from I-81; less than 1.5 mi. from I-690

OVERVIEW

A 6,300 SF restaurant on a combined 0.46 AC corner lot, providing ample off-street parking. The property, which previously housed Ilario‘s Trattoria, is a three-story, freestanding building, at the entrance to Syracuse‘s Little Italy neighborhood. This former restaurant/bar features a fully equipped kitchen, bar, and lounge. High-visibility location across from St. Joseph’s Health Hospital (451 beds); St. Joseph’s Health is one of the region’s largest employers (4,000 employees per The Central New York Business Journal) with many working at the downtown hospital.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Bar, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1904

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

MX-4

APN/PARCEL ID

311500-017-000-0013-002-001-0000

ASK ABOUT THIS PROPERTY

Ed KiesaCBRE Upstate NYMore Info
315-422-4200

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Ed KiesaCBRE Upstate NYMore Info
315-422-4200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.