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    2970 Genesee St Syracuse, NY 13224

    Sponsored
    For Lease
    Contact for pricing

    Prime East Side Location, 1740 sq ft

    Lot size:
    1,740 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This well-maintained 1,740 square foot automotive repair shop is ideally situated on the east side of Syracuse, near DeWitt. The property boasts three bays, a newly paved driveway accommodating up to 25 vehicles, and ample storage for parts. Inside, you'll find a dedicated office space for administrative tasks, two bathrooms, and two vehicle lifts. Currently operating as a successful repair shop, this property offers a turnkey opportunity for a new owner. The building sits on a sizable 15,498 square foot lot. The property is a single-tenant building, offering simplicity and ease of management. Showings require advance notice. This property is also available for purchase at $350,000 (S1518847). Located in Onondaga County, New York, with the address 2970 E Genesee Street, Syracuse, NY 13224.

    Property Features for 2970 Genesee St

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,740 SF

    Unit(s) available at that property

    Space
    Size
    1,740 SF

    HighLights

    • 1,740 SF automotive repair shop in Syracuse, NY.
    • Three‑bay shop with two vehicle lifts and ample parts storage.
    • Newly paved driveway with capacity for 25 vehicles.
    • Includes office space and two bathrooms.
    • Sits on a 15,498 SF lot.
    • Turnkey operation available for purchase at $350,000 (S1518847).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.1015642
    Latitude
    43.0422062

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    FAQs

    What type of property is this?
    Specialty property - Prime East Side Location, 1740 sq ft
    Where is this specialty property located?
    The property is located at 2970 Genesee St Syracuse, NY.
    What are key features of this property?
    This property features: 1,740 SF automotive repair shop in Syracuse, NY.; Three-bay shop with two vehicle lifts and ample parts storage.; Newly paved driveway with capacity for 25 vehicles.
    Request Owner's contact information
    2970 Genesee St Syracuse, NY 13224
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    Syracuse, NY 13224
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2970 Genesee St Syracuse, NY 13224
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