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Syracuse Mixed-Use Investment Opportunity
For Sale
$179,900
Pending

1516 Valley Dr, Syracuse, NY 13207

Mixed-use property with retail and residential units, generating income.

Property Size2,619 SF
Lot Size0.10 Acres
Days on Market150

Property Features for 1516 Valley Dr

General Information

Standard status Pending
Size 2,619 SF
Lot size 0.10 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,548

Building Details

Building Size 2,619 SF
Year Built 1960
Stories 2
Listing Agency: The O'Hara Group
Listed By: Christopher VanAtter · License #10401355679
Source: Elliman
Added: Mar 24 Changed: Aug 8 Last Checked: Aug 5 at 8:38AM

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 The O'Hara Group

Investment Insights

Based on property information with market context.

Located in Syracuse, NY, 1516 Valley Dr is a mixed-use building featuring a store and print shop at the street front, and a residential apartment in the back. The residential unit includes 3 bedrooms and 1.5 bathrooms. Both units are currently rented, generating a total gross monthly income of $2,300. The property is situated close to stores, restaurants, and shops, with convenient access to downtown Syracuse. Off-street parking is available. This property can be sold as a package with the adjacent property at 1522 Valley Dr Syracuse, NY.

Key Highlights

  • Mixed‑use building featuring a commercial space (store/print shop) and a residential unit with 3 beds and 1.5 baths.
  • Currently generating $2,300 in gross monthly rental income.
  • Terrific potential cashflow for investors.

Property Analytics

Current Use

Infinite design hair ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Hair Salon Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

322
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 83% Dining 17%
Dollar Tree Shops & Services
11,552 visits/mo 0.1 miles
Dollar General Shops & Services
8,375 visits/mo 0.2 miles
Jreck Subs Dining
4,000 visits/mo 0.2 miles

Demographics for 13207, NY

13,140
Population
5,954
Households
2.2
Avg Household Size
36
Median Age
33%
College-Educated
90%
High-School Grad
3.2 sq mi
ZIP Area
4,106
Density / Sq Mi
$59,495
Median Household Income
$39,082
Median Earnings
$1,111
Median Rent
$110,500
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?
Mixed-use property - Mixed-use property with retail and residential units, generating income.
Where is this mixed-use property located?
The property is located at 1516 Valley Dr Syracuse, NY.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Mixed‑use building featuring a commercial space (store/print shop) and a residential unit with 3 beds and 1.5 baths.; Currently generating $2,300 in gross monthly rental income.; Terrific potential cashflow for investors.
More about this property
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