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    500 Butternut St Syracuse, NY 13208

    For Sale
    $2,650,000

    SINGLE_FAMILY - Syracuse, NY

    Type:Office
    Property size:
    36,536 SF
    Lot size:
    1.87 Acres
    Days on Market:
    136
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for 500 Butternut St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Office
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    commercial
    APN
    311500-017-000-0006-001-000-0000
    Parking
    150
    Size
    36,536 SF
    Lot size
    1.87 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas, Electric (Heating), Exhaust Fan (Heating)
    Cooling system
    Separate Meters, Exhaust Fan (Cooling), Central Air
    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    6
    Number of units
    6
    Roof type
    Metal

    Keller Williams Realty Greater Rochester (585) 362-8900 [email protected]

    Listing agent XueJuan Zhang (585) 362-8900 License #10401287258

    Listing date Aug 1, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leased Retail Plaza Investment Opportunity

    This property is a fully leased shopping plaza located in Syracuse, New York. The property features six retail units. The site is zoned for commercial use and is situated on a 1.8711-acre lot. The building has a total area of 36,536 square feet. This property represents an investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Boost Mobile Cell Phone Store Syracuse Community Police ... Police Department Pavone's Pizza Pizza Restaurant Spring Chinese Restaurant Save A Lot Grocery Store

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.147583
    Latitude
    43.059022

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    FAQs

    What type of property is this?
    Neighborhood center - Fully leased six-unit retail plaza in Syracuse, New York.
    Where is this neighborhood center located?
    The property is located at 500 Butternut St Syracuse, NY.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: - Fully Leased Shopping Plaza: Provides immediate rental income and investment potential.; - Six-Unit Retail Stores: Offers diversified income streams from multiple tenants.; - Central Air: Provides comfortable environment for tenants and customers.
    (585) 362-8900
    Request Owner's contact information
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    Syracuse, NY 13208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 Butternut St Syracuse, NY 13208
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