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Shopping Center with Retail Space
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500 Butternut St, Syracuse, NY 13208

National retail anchors and an available suite support a multi-tenant commercial center.

Property Size45,991 SF
Price / SF$57.62
Days on Market563

Property Features for 500 Butternut St

General Information

Standard status Active
Size 45,991 SF
Property subtype RETAIL

Site & Location

Anchor Co-Tenants Family Dollar, Save-A-Lot
Traffic Count 8,000 vehicles/day
Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Ren Management Group
Listed By: Tin Tin Ren · License #10401370185
Source: Moodyscre
Added: Jan 16, 2025 Changed: Jul 31 Last Checked: Aug 2 at 11:28AM

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 Ren Management Group

Investment Insights

Based on property information with market context.

The 45,991-square-foot shopping center includes national retail tenants Family Dollar and Save-A-Lot, along with 2,060 square feet of currently available retail space. The multi-tenant configuration provides an established retail setting with space for an additional occupant.

Located at 500 Butternut St in Syracuse, the property is near St. Joseph’s Hospital, just outside Little Italy, and near I-81. The site is reported to receive 8,000 VPD, with access and visibility from its position near the interstate.

Key Highlights

  • 45,991‑square‑foot shopping center at 500 Butternut St, Syracuse, NY 13208
  • National retail tenants include Family Dollar and Save‑A‑Lot
  • 2,060 SF of retail space currently available

Property Analytics

Current Use

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

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Pet Store & Service Florist Travel Agency Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,144
Businesses Nearby
41k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 46% Dining 36% Groceries 9% Electronics 3%
Dollar General Shops & Services
7,527 visits/mo 0.1 miles
Spaghetti Warehouse Dining
7,513 visits/mo 0.5 miles
Burger King Dining
7,422 visits/mo 0.1 miles
Chase Bank Shops & Services
6,482 visits/mo 0.4 miles
Sunoco Shops & Services
4,952 visits/mo 0.5 miles

Demographics for 13208, NY

23,603
Population
10,325
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
77%
High-School Grad
4.1 sq mi
ZIP Area
5,757
Density / Sq Mi
$40,641
Median Household Income
$35,015
Median Earnings
$999
Median Rent
$110,300
Median Home Value

Market

Vacancy Rate% for Retail in Syracuse, NY

6.2% 2021
5.9% 2022
6.5% 2023
4.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - National retail anchors and an available suite support a multi-tenant commercial center.
Where is this shopping 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: 45,991‑square‑foot shopping center at 500 Butternut St, Syracuse, NY 13208; National retail tenants include Family Dollar and Save‑A‑Lot; 2,060 SF of retail space currently available
(646) 830-0339 Call to check price and availability
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