701 S Geddes St - Storefront Retail/Residential FOR SALE


Syracuse, NY 13204
$1,500,000 USD
315-928-1500
701 S Geddes St, Syracuse, NY for Sale
$1,500,000 USD
Storefront Retail/Residential - FOR SALE
1/11
null | 7.36% Cap Rate

701 S Geddes St
Syracuse, NY 13204


HIGHLIGHTS

  • Multi-tenant building with eleven successful retail tenants
  • Historic 38,552 SF two-story structure built in 1920
  • Second floor offers development potential for additional space
  • Prime corner location at a traffic light intersection
  • Situated on a .53-acre parcel, providing ample space for retail activities
  • Highly visible location ideal for retail and street retail businesses

OVERVIEW

Introducing 701 South Geddes Street, a prime investment opportunity in the heart of Greater Syracuse. This impressive 38,552 SF multi-tenant building boasts a rich history, having been meticulously constructed in 1920 and now home to eleven thriving retail tenants. Offering exceptional visibility at a key intersection with a traffic light, the property occupies a .53-acre parcel and presents an ideal location for retail and street retail investors. With potential for development on the second floor, this corner gem promises a world of possibilities for astute investors seeking a coveted slice of Syracuse's vibrant retail landscape.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$39 USD /SF

CAP RATE

7.36%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

CROSS STREETS

Shonnard St

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

10

APN/PARCEL ID

311500-097-000-0016-062-000-0000

ASK ABOUT THIS PROPERTY

Tom LischakCENTURY 21 Bridgeway Commercial RealtyMore Info
315-928-1500

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Tom LischakCENTURY 21 Bridgeway Commercial RealtyMore Info
315-928-1500

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