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Engelberg Huller Warehouse Opportunity
For Lease
$1,950,000

831 W Fayette St, Syracuse, NY 13204

Historical warehouse on 1.4 acres near downtown Syracuse.

Space SizeContact for details
Property Size54,802 SF
Lot Size1.36 Acres
Days on Market156

Property Features for 831 W Fayette St

General Information

Standard status Active
Size 54,802 SF
Lot size 1.36 Acres
Property subtype Commercial

Building Details

Building Size 54,802 SF
Year Built 1835
Stories 3
Listing Agency: Acropolis Realty Group LLC
Listed By: Jonathan LaSala · License #10301218799
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 12:04PM

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 Acropolis Realty Group LLC

Investment Insights

Based on property information with market context.

The historical Engelberg Huller warehouse, situated on approximately 1.4 acres within Syracuse city limits, is available for lease or sale. The property features 55,000 square feet of warehouse space and is zoned Commercial 1 industrial (022), accommodating a wide range of uses. It includes heavy 3-phase power, one recessed dock, and two grade-level doors. City water and sewer are connected with multiple lines into the building. The property is located a minute's walk from downtown and is surrounded by several multi-million dollar redevelopments, including the new Syracuse Police headquarters. This redevelopment project presents exceptional value for a developer, owner-user, or investor. The building's direct adjacency to a National Grid substation makes it potentially suitable for a battery storage facility or solar project. A multi-family redevelopment or commercial use would be ideal. The property is eligible for all housing tax credits and historical tax credit incentives programs, as well as multiple state and federal grant programs.

Key Highlights

  • 55,000 SF warehouse space available on 1.4 acres within city limits.
  • Prime location: A minute's walk from downtown Syracuse and near multi‑million dollar redevelopments.
  • Eligible for housing and historical tax credits, plus state and federal grant programs.

Property Analytics

Current Use

Medi Trust Insurance ... Insurance Agency The Merchery (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Garden Center Electrical Service Storage Facility Carpet & Flooring Store Pet Store Pet Store & Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,529
Businesses Nearby
Well-served
Demand for This Use

Demographics for 13204, NY

19,752
Population
10,410
Households
1.9
Avg Household Size
31
Median Age
26%
College-Educated
84%
High-School Grad
4.3 sq mi
ZIP Area
4,593
Density / Sq Mi
$42,585
Median Household Income
$35,609
Median Earnings
$1,054
Median Rent
$97,400
Median Home Value

Market

Vacancy Rate% for Industrial in Syracuse, NY

6.3% 2019
4.9% 2020
3.6% 2021
2.9% 2022
3.2% 2023
4.1% 2024
6.1% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • The Nancy Cantor Warehouse - Syracuse University 350 W Fayette St, Syracuse, NY 13202

Frequently Asked Questions

What type of property is this?
Warehouse - Historical warehouse on 1.4 acres near downtown Syracuse.
Where is this warehouse located?
The property is located at 831 W Fayette St Syracuse, NY.
What is the lease rate?
The lease rate is $1,950,000.
What are key features of this property?
This property features: 55,000 SF warehouse space available on 1.4 acres within city limits.; Prime location: A minute's walk from downtown Syracuse and near multi‑million dollar redevelopments.; Eligible for housing and historical tax credits, plus state and federal grant programs.
More about this property
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