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    223 Marcellus St Syracuse, NY 13204

    Sponsored
    For Sale
    $189,900

    3,045 sq ft commercial space, ideal for various uses.

    Property size:
    3,045 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 223 Marcellus Street in Syracuse, New York, presents a fantastic opportunity for business owners seeking a versatile and well-situated space. The building boasts a generous 3,045 square feet of usable area, offering ample room for a variety of commercial ventures. Its prime location within Syracuse provides excellent visibility and accessibility, ensuring convenient access for both customers and employees. The property sits on a 0.05-acre lot, providing sufficient space for parking or potential expansion. The asking price for this property is $189,900, representing a compelling investment opportunity in a thriving market. The building's existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront investment costs. This makes it an attractive option for businesses looking to establish a presence in Syracuse without extensive renovation requirements. The flexible layout allows for customization to suit diverse business needs, making it suitable for a wide range of commercial applications. Given its size, location, and price point, this property is expected to generate significant interest. Serious inquiries are encouraged to schedule a viewing and explore the potential of this exceptional commercial space. Don't miss this chance to secure a valuable asset in a dynamic and growing city.

    Property Features for 223 Marcellus St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,045 SF
    Lot Size
    2,178 SF

    Building Details

    Year Built
    2011
    Property Profile Location Intelligence

    Current Use by Public Records

    Isaiah's Table Religious Organization

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Law Firm Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.16172
    Latitude
    43.04689

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    FAQs

    What type of property is this?
    Commercial real estate - 3,045 sq ft commercial space, ideal for various uses.
    Where is this commercial real estate located?
    The property is located at 223 Marcellus St Syracuse, NY.
    What is the asking price?
    The asking price for this property is $189,900.
    (315) 671-6008
    Request Owner's contact information
    223 Marcellus St Syracuse, NY 13204
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    Syracuse, NY 13204
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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
    223 Marcellus St Syracuse, NY 13204
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