Flex Space with Warehouse
For Sale
Contact for pricing
203 Bagg St, East Syracuse, NY 13057
Two adjoining units combine warehouse, office, loading, power, and outdoor storage capabilities.
Property Size7,320 SF
Price / SF$81.97
Days on Market202
Property Features for 203 Bagg St
General Information
Standard status
Active
Size
7,320 SF
Class
B
Property subtype
Industrial
Zoning
General Commercial
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
20 ft
Drive-In Doors
2
Power
200 amps
Voltage
240 V
Three-Phase Power
Yes
Building Details
Buildings
1
Units
2
Listing Agency:
Cushman & Wakefield Pyramid Brokerage Company Syracuse
Listed By:
Gary Cottet · License #NY 30CO0923433
(315) 569-7000
Source:
Crexi
Added: Apr 13
Changed: Oct 25
Last Checked: Oct 30 at 11:16AM
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 Cushman & Wakefield Pyramid Brokerage Company Syracuse
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Investment Insights
Based on property information with market context.
This 7,320-square-foot flex property comprises Units 203-A and 203-B, offering a combined warehouse and office configuration. Unit 203-A includes 1,680± SF of warehouse and 2,640± SF of office space across two levels, with the option to reconfigure for additional warehouse area. Unit 203-B provides 2,328± SF of warehouse and 672± SF of office space. Each unit has a 12’ x 12’ grade-level overhead door, while the warehouse areas feature 20’ clear height and floor drains. The property is served by 200A/240V/3 Phase incoming power and includes yard area for parking or outside storage.
Located at 203 Bagg St in East Syracuse, the property offers access to I-690 and I-481 via nearby Bridge Street. The building can be delivered fully vacant for a single end user.
Located at 203 Bagg St in East Syracuse, the property offers access to I-690 and I-481 via nearby Bridge Street. The building can be delivered fully vacant for a single end user.
Key Highlights
- 7,320 SF total flex property with warehouse and office areas
- Unit 203‑A: 1,680± SF warehouse and 2,640± SF two‑level office
- Unit 203‑B: 2,328± SF warehouse and 672± SF office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,912
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$798,240
$798.2K
Cap Rate 7%
$570,171
$570.2K
Cap Rate 9%
$443,467
$443.5K
Market Conditions
NOI Build-Up for 7,320 SF
Gross rent
$50.4K $6.89/SF
− Vacancy
−$3.5K −$0.48/SF
EGI
$47.0K $6.41/SF
− OpEx
−$7.0K −$0.96/SF
NOI
$39.9K $5.45/SF
Area
Onondaga County, NY
Vacancy
6.90%
Lease Rate
$6.89 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$798,240
Cap Rate 7%
$570,171
Cap Rate 9%
$443,467
Alternative Uses
Best Use
Office B
$1.10M
$965.0K – $1.29M
NOI $77,198 @ 7.0% cap · market cap 12.87%
Second Best
Warehouse
$570.2K
$498.9K – $665.2K
NOI $39,912 @ 7.0% cap · market cap 6.65%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $89,049 @ 7.0% cap · market cap 14.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
20 ft
Clear height
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 13057, NY
14,676
Population
6,744
Households
2.2
Avg Household Size
46
Median Age
31%
College-Educated
93%
High-School Grad
27.7 sq mi
ZIP Area
530
Density / Sq Mi
$77,908
Median Household Income
$47,531
Median Earnings
$990
Median Rent
$159,800
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Abbott's Catering — 207 W Manlius St, East Syracuse, NY 13057
Frequently Asked Questions
What type of property is this?
Flex space - Two adjoining units combine warehouse, office, loading, power, and outdoor storage capabilities.
Where is this flex space located?
The property is located at 203 Bagg St East Syracuse, NY.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 7,320 SF total flex property with warehouse and office areas; Unit 203‑A: 1,680± SF warehouse and 2,640± SF two‑level office; Unit 203‑B: 2,328± SF warehouse and 672± SF office
