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Retail Shopping Center

500 Butternut Street, Syracuse, NY 13208

For Sale
New
$2,650,000

CommercialSale, Syracuse, NY

Property Size36,536 SF
Lot Size1.87 Acres
Price / SF$72.53
Days on Market4

Property Features for 500 Butternut Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description Commercial
Parking 75
Subdivision Prospect Hill
Lot features Rectangular, Rectangular Lot
Elementary school district Syracuse
Middle school district Syracuse
High school district Syracuse
Standard status Active
APN 311500-017-000-0006-001-000-0000
Size 36,536 SF
Lot size 1.87 Acres

Taxes and HOA fees

Tax Annual Amount 63942

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1960
Floors in Building 6
Roof type Membrane, Rubber, Flat
Listing Agency: Keller Williams Realty Greater Rochester
Listed By: XueJuan Zhang · License #10401287258
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 9 at 3:06AM
MLS# R1727709

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.

Rey
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Investment Insights

Based on property information with market context.

The retail shopping center contains 36,536 square feet on a 1.8711-acre site at 500 Butternut Street. Constructed in 1960, the property has natural gas, forced-air heating and central air conditioning. Its roof is flat, with membrane and rubber materials, and the site is served by public water and sewer. The zoning designation is Commercial.

The center is along a commercial corridor carrying approximately 18,000 vehicles per day. Businesses in the surrounding area include Save A Lot, Family Dollar Tree, Rite Aid, a Chinese restaurant, and a pizza restaurant.

Key Highlights

  • 36,536‑square‑foot shopping center on 1.8711 acres
  • Commercial zoning at 500 Butternut Street
  • Approximately 18,000 vehicles pass the corridor daily

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Boost Mobile Mobile Phone Store Syracuse Community Police ... Police Department Pavone's Pizza Restaurant Spring Restaurant Save A Lot Grocery & Convenience Store

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Pet Store & Service Florist Travel Agency Pet Store

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

Lease Details

18,000 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,144
Businesses Nearby
41k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 46% Dining 36% Groceries 9% Electronics 3%
Dollar General Shops & Services
7,527 visits/mo 0.1 miles
Spaghetti Warehouse Dining
7,513 visits/mo 0.5 miles
Burger King Dining
7,422 visits/mo 0.1 miles
Chase Bank Shops & Services
6,482 visits/mo 0.4 miles
Sunoco Shops & Services
4,952 visits/mo 0.5 miles

Demographics for 13208, NY

23,603
Population
10,325
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
77%
High-School Grad
4.1 sq mi
ZIP Area
5,757
Density / Sq Mi
$40,641
Median Household Income
$35,015
Median Earnings
$999
Median Rent
$110,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Syracuse, NY

6.2% 2021
5.9% 2022
6.5% 2023
4.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Shopping center - Commercial zoning, central air conditioning, and public utilities serve this established retail property.
Where is this shopping center located?
The property is located at 500 Butternut Street Syracuse, NY.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 36,536‑square‑foot shopping center on 1.8711 acres; Commercial zoning at 500 Butternut Street; Approximately 18,000 vehicles pass the corridor daily
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