Mixed-Use Property in Syracuse

514 Highland St, Syracuse, NY 13203

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For Sale

$199,000

Mixed-use property with immediate cash flow in Syracuse's Northside.

Lot size:

0.08 Acres

HighLights

High Cash Flow: Generates $3,750 per month in gross income.
Stable Commercial Income: Long‑standing grocery store with lease through June 2026.
Mixed‑Use Property: Combination of commercial and residential income streams.
Residential Income: Includes a 3‑bedroom, 1‑bedroom, and studio apartment.
Flexibility: Residential tenants are on month‑to‑month leases.
Investment Opportunity: Excellent investment in a high‑demand area.

We can help!

Contact an agent

Heather Noel Baldwin

For Sale

$199,000

Mixed-use property with immediate cash flow in Syracuse's Northside.

Lot size:

0.08 Acres

Added:: Nov 28, 2025
Days on Market:: 220
Last Refresh:: Jul 2 at 5:41 pm

Property Features for 514 Highland St

General Information

Standard status: Active
Lot size: 0.08 Acres
Property subtype: Other

Building Details

Year Built: 1900

We can help!

Contact an agent

Heather Noel Baldwin

Listing office

Listing date Nov 28, 2025

Source Elliman

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 Heather Noel Baldwin

HighLights

High Cash Flow: Generates $3,750 per month in gross income.
Stable Commercial Income: Long‑standing grocery store with lease through June 2026.
Mixed‑Use Property: Combination of commercial and residential income streams.
Residential Income: Includes a 3‑bedroom, 1‑bedroom, and studio apartment.
Flexibility: Residential tenants are on month‑to‑month leases.
Investment Opportunity: Excellent investment in a high‑demand area.

Overview

This mixed-use property in Syracuse's Northside generates immediate cash flow, offering a combination of residential and commercial rental income. The ground floor features a fully operational grocery store with a lease running through June 2026, providing stable commercial income. A rented studio apartment is also located on the first floor. The second floor contains two additional rental units: a 3-bedroom apartment renting for $1,400 per month and a 1-bedroom apartment renting for $700 per month. All residential tenants are on month-to-month leases, providing flexibility for rent increases or future upgrades. The property currently generates a total of $3,750 per month in gross income.

Property Profile Location Intelligence

Current Use by Public Records

Jazz Market Grocery & Convenience Store

Suggested Use

Location Insight

Map
Local Demand

City: Syracuse
County: Onondaga
State: New York
Longitude: -76.1412
Latitude: 43.0612

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For sale
Mixed-use properties
NY
Syracuse
13203
514 Highland St

What type of property is this?

Mixed-use property - Mixed-use property with immediate cash flow in Syracuse's Northside.

Where is this mixed-use property located?

The property is located at 514 Highland St Syracuse, NY.

What is the asking price?

The asking price for this property is $199,000.

What are key features of this property?

This property features: High Cash Flow: Generates $3,750 per month in gross income.; Stable Commercial Income: Long‑standing grocery store with lease through June 2026.; Mixed‑Use Property: Combination of commercial and residential income streams.