Mixed-Use Commercial
For Sale
Contact for pricing
314 LAKESIDE RD, Syracuse, NY 13209
Commercial, office, and manufacturing zoning supports a range of mixed-use applications.
Property Size13,221 SF
Price / SF$158.84
Days on Market8
Property Features for 314 LAKESIDE RD
General Information
Standard status
Active
Size
13,221 SF
Class
B
Total Parking Spaces
20
Property subtype
Retail, Office, Mixed Use
Zoning
Commercial/Office/Manufacturing
Occupancy
100%
Lease Type
Modified
Investment Type
Value Add
Net Operating Income
$117,601
Building Details
Year Built
1974
Buildings
1
Stories
1
Units
12
Tenancy
Multi
Listing Agency:
Rooftop Realty Group, LLC
Listed By:
MIKE BANKS · License #10301223248
Source:
Crexi
Added: Jul 29
Changed: Aug 3
Last Checked: Aug 5 at 5:51AM
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 Rooftop Realty Group, LLC
Investment Insights
Based on property information with market context.
This mixed-use commercial property contains 13,221 square feet and was constructed in 1974. The site is designated for Commercial/Office/Manufacturing use, providing a combination of commercial and industrial-oriented zoning within one asset.
Located at 314 Lakeside Rd in Syracuse, NY, the property is classified as mixed-use commercial real estate. Its zoning and existing classification support consideration for office, commercial, manufacturing, industrial, or special-purpose applications, subject to applicable requirements.
Located at 314 Lakeside Rd in Syracuse, NY, the property is classified as mixed-use commercial real estate. Its zoning and existing classification support consideration for office, commercial, manufacturing, industrial, or special-purpose applications, subject to applicable requirements.
Key Highlights
- 13,221 SF mixed‑use commercial property
- Commercial/Office/Manufacturing zoning
- Constructed in 1974
Financial Insights For Office B
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 | $198.3k | $15.00 |
| − Vacancy | −$28.8k | −$2.18 |
| EGI | $169.6k | $12.83 |
| − OpEx | −$42.4k | −$3.21 |
| NOI | $127.2k | $9.62 |
13,221 SF · lease $15.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.82M
$1.59M – $2.12M
NOI $127,169 @ 7.0% cap · market cap 6.06%
Second Best
Mixed Use
$1.69M
$1.48M – $1.98M
NOI $118,592 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$2.30M
$2.01M – $2.68M
NOI $160,835 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
173
Businesses Nearby
Explore this area
Business Placement
Demographics for 13209, NY
13,018
Population
6,374
Households
2
Avg Household Size
43
Median Age
29%
College-Educated
92%
High-School Grad
13.1 sq mi
ZIP Area
994
Density / Sq Mi
$67,307
Median Household Income
$44,812
Median Earnings
$968
Median Rent
$146,200
Median Home Value
Market
Vacancy Rate% for Office in Syracuse, NY
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial, office, and manufacturing zoning supports a range of mixed-use applications.
Where is this mixed-use property located?
The property is located at 314 LAKESIDE RD Syracuse, NY.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 13,221 SF mixed‑use commercial property; Commercial/Office/Manufacturing zoning; Constructed in 1974
