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    324 W Water St Syracuse, NY 13202

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    For Lease
    $17 SF/Yr ($3,210 /Mo)

    2,146 SF office/retail space with frontage on S. Franklin.

    Property size:
    2,146 SF
    Lot size:
    1.02 Acres

    Property Features for 324 W Water St

    General Information

    Size
    2,146 SF
    Lot size
    1.02 Acres

    Source: Sutton Real Estate Company - Corporate Agent Karen Cannata-LaRocca

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office/Retail Space in Syracuse

    This property offers 2,146 square feet of office or retail space. The layout includes two private offices, a conference area, and a reception or waiting area. The property features frontage on both South Franklin and West Water streets in Syracuse, NY.
    Location Intelligence

    Current Use by Public Records

    Armory5 Business Center Cafe Kubal Coffee Shop Upstate Elite Soccer ... Soccer Club Guadalajara Mexican Restaurant Mexican Restaurant

    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
    -76.1567545
    Latitude
    43.0506008

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    FAQs

    What type of property is this?
    Office space - 2,146 SF office/retail space with frontage on S. Franklin.
    Where is this office space located?
    The property is located at 324 W Water St Syracuse, NY.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Frontage on S. Franklin and W. Water streets; - 2,146 +/- sf office/retail space; - Features 2 private offices
    (315) 391-3409
    Request Owner's contact information
    324 W Water St Syracuse, NY 13202
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    Syracuse, NY 13202
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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
    324 W Water St Syracuse, NY 13202
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