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 Market107
Property Features for 203 Bagg St
General Information
Standard status
Active
Size
7,320 SF
Property subtype
FLEX_R_AND_D
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
Listing Agency:
Cushman & Wakefield | Pyramid Brokerage - Syracuse
(315) 569-7000
Listed By:
Gary Cottet · License #10401356962
(315) 569-7000
Source:
Moodyscre
Added: Apr 16
Changed: Jul 31
Last Checked: Jul 31 at 9:31AM
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 - Syracuse
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 For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.4k | $6.89 |
| − Vacancy | −$3.5k | −$0.48 |
| EGI | $47.0k | $6.41 |
| − OpEx | −$7.0k | −$0.96 |
| NOI | $39.9k | $5.45 |
7,320 SF · lease $6.89/SF/yr · vacancy 6.90% · expense 15.00%
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.
Property 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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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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
