Dual-Layout Office Building
430 S Main Street Syracuse, NY 13212
New
430 S Main Street, Syracuse, NY, 13212
$549,900
For Sale
$549,900
COMMERCIAL - Syracuse, NY
Property Size5,000 SF
Lot Size0.34 Acres
Price / SF$109.98
Days on Market1
Property Features for 430 S Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 01
- Parking
- 8
- Standard status
- Active
- APN
- 312401-006-000-0004-016-000-0000
- Size
- 5,000 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10030
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 1968
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Block, StructuralInsulatedPanels
- Roof type
- Flat
Listing Agency
Home With Us Realty Group, LLC
(315) 677-7062
6171 Airport Road, Syraucse, NY
Listed by
Jason Klink · License #10401298650
(315) 677-7062
Added: Jul 16 Checked: Jul 16 at 4:06 pm
MLS# S1699227
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Well-maintained 5,000 SF commercial office building on a 15,000 SF lot in North Syracuse’s established business corridor along South Main Street. The property is arranged with two distinct sides, allowing for flexibility between owner-occupancy, multi-tenant use, or a combination of both. The right side (2,900 SF) is fully built out as a professional office suite with multiple private offices separated by soundproof insulation, two virtual-conference-capable conference rooms pre-wired with CAT6 and electrical for AV equipment, and updated carpet-tile flooring with replacement tiles on hand. This build-out includes new walls, insulation, doors, and fresh paint throughout, along with upgraded electrical panels and CAT6 data cabling to every workspace.
The left side (2,100 SF) is an open shell, ready for a custom tenant or owner build-out. Building-wide improvements include new furnaces and central air conditioning on both sides, a flat roof with new soffit, new exterior steel doors, and a rear emergency exit steel staircase with a concrete pad. Additional updates include upgraded electrical service for exterior signage with timer-controlled lighting, a security camera system with audio/video and infrared capability, and a new hot water tank. The main dividing wall features interwoven fireproof insulation, and the OCWA water main and meter have been replaced.
Convenient access to I-81 and I-481 supports steady connectivity for office users. The property is approximately 3 miles from Syracuse Hancock International Airport.
The left side (2,100 SF) is an open shell, ready for a custom tenant or owner build-out. Building-wide improvements include new furnaces and central air conditioning on both sides, a flat roof with new soffit, new exterior steel doors, and a rear emergency exit steel staircase with a concrete pad. Additional updates include upgraded electrical service for exterior signage with timer-controlled lighting, a security camera system with audio/video and infrared capability, and a new hot water tank. The main dividing wall features interwoven fireproof insulation, and the OCWA water main and meter have been replaced.
Convenient access to I-81 and I-481 supports steady connectivity for office users. The property is approximately 3 miles from Syracuse Hancock International Airport.
Key Highlights
- 5,000 SF commercial office building built in 1968 on a 15,000 SF lot on S Main Street in North Syracuse.
- Flexible layout: 2,900 SF right side fully built out with multiple private offices and two conference rooms pre‑wired for AV (CAT6 + electrical).
- 2,100 SF left side is open shell space ready for custom tenant or owner build‑out.
Local 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 | $75.0k | $15.00 |
| − Vacancy | −$10.9k | −$2.18 |
| EGI | $64.1k | $12.83 |
| − OpEx | −$16.0k | −$3.21 |
| NOI | $48.1k | $9.62 |
5,000 SF · lease $15.00/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$687.1K
$601.2K – $801.6K
NOI $48,094 @ 7.0% cap · market cap 8.75%
Second Best
Healthcare Medical
$666.0K
$582.8K – $777.0K
NOI $46,620 @ 7.0% cap · market cap 8.48%
Theoretical Best
Office A
$868.9K
$760.3K – $1.01M
NOI $60,826 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Victor Bonin
Pharmacy
Lockhart Law Office, ...
Law Firm
Beth A. Lockhart, Esq.
Law Firm
Romeo's Salon
Hair Salon
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FAQs
What type of property is this?
Office building - 5,000 SF office building on a 15,000 SF lot with a fully built-out suite and an open shell side for customization.
Where is this office building located?
The property is located at 430 S Main Street Syracuse, NY.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 5,000 SF commercial office building built in 1968 on a 15,000 SF lot on S Main Street in North Syracuse.; Flexible layout: 2,900 SF right side fully built out with multiple private offices and two conference rooms pre‑wired for AV (CAT6 + electrical).; 2,100 SF left side is open shell space ready for custom tenant or owner build‑out.
