Syracuse Warehouse with Cooler/Freezer
For Sale
Contact for pricing
116 Lynch St, Syracuse, NY
Centrally located warehouse with cooler/freezer and dock doors.
Property Size2,600 SF
Lot Size0.11 Acres
Price / SF$100
Days on Market368
Property Features for 116 Lynch St
General Information
Standard status
Active
Size
2,600 SF
Lot size
0.11 Acres
Property subtype
INDUSTRIAL
Listing Agency:
JWP Commercial
(315) 423-9390
Listed By:
Joshua W. Podkaminer, SIOR, CCIM
(315) 415-6030
Source:
Moodyscre
Added: Oct 13, 2025
Changed: Oct 13
Last Checked: Oct 14 at 8:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JWP Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This centrally located warehouse in Syracuse, NY, offers cooler and freezer space. The property features two dock-height doors. It is zoned for commercial use, providing flexibility for various business operations. The building has a size of 2,600 square feet.
Key Highlights
- Commercial Zoning provides great flexibility
- Centrally Located
- Two Dock Height Doors for easy loading and unloading
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,073
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,460
$281.5K
Cap Rate 7%
$201,043
$201.0K
Cap Rate 9%
$156,367
$156.4K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$17.8K $6.84/SF
− Vacancy
−$1.2K −$0.47/SF
EGI
$16.6K $6.37/SF
− OpEx
−$2.5K −$0.96/SF
NOI
$14.1K $5.41/SF
Area
Syracuse, NY
Vacancy
6.90%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,460
Cap Rate 7%
$201,043
Cap Rate 9%
$156,367
Alternative Uses
Best Use
Warehouse
$201.0K
$175.9K – $234.6K
NOI $14,073 @ 7.0% cap · market cap 5.41%
Second Best
Industrial
$165.6K
$144.9K – $193.2K
NOI $11,590 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$451.8K
$395.4K – $527.2K
NOI $31,629 @ 7.0% cap · market cap 12.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
724
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Syracuse, NY
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Frequently Asked Questions
What type of property is this?
Warehouse - Centrally located warehouse with cooler/freezer and dock doors.
Where is this warehouse located?
The property is located at 116 Lynch St Syracuse, NY.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Commercial Zoning provides great flexibility; Centrally Located; Two Dock Height Doors for easy loading and unloading
