Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    315 Clinton St Syracuse, NY 13202

    For Sale
    Contact for pricing

    Historic Syracuse building, 12 apartments, 2 retail spaces.

    Property size:
    38,512 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional mixed-use property, located at 315 S Clinton St in Syracuse, NY, presents a unique investment opportunity in the vibrant Armory Square district. The 38,512 square foot building, constructed in 1920 and significantly renovated in 2010, sits on a 0.19-acre lot and is zoned for commercial use. The property boasts a strong rental income stream, currently operating at 100% occupancy. The residential component comprises twelve apartments: nine two-bedroom units and three one-bedroom units. Two commercial spaces are also included, both currently leased to long-term tenants. These established businesses contribute significantly to the property's overall revenue. The building's prime location within Armory Square offers excellent visibility and access to a thriving downtown area. This is a rare opportunity to acquire a fully leased, mixed-use property with a proven track record of success in a highly desirable location. The property's blend of residential and commercial spaces provides a diversified income stream and significant potential for future growth. Serious inquiries only. Please do not disturb tenants.

    Property Features for 315 Clinton St

    General Information

    Property type
    Restaurants
    Square Feet
    38,512 SF
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1920

    HighLights

    • Mixed‑use property encompassing retail and multifamily components, totaling 38,512 square feet.
    • Nine (9) two‑bedroom and three (3) one‑bedroom apartments.
    • Two (2) commercial spaces with long‑term tenants.
    • Located at 315 S Clinton St, Syracuse, NY 13202, on a 0.19‑acre lot.
    • Major renovations completed in 2010.
    • Currently 100% leased.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Community Preservation Corporation Loan Agency D.P. Dough Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.1534319
    Latitude
    43.0482124

    Nearby Similar for Sale

    • New
      $299,000
      3,961 SF

      Spacious Income-Producing 9-Bedroom Home

      Versatile 9-bedroom home, ideal for residential or income use.
      1039 Midland Ave, Syracuse, NY 13205
      View Details
    • $995,000
      3,380 SF

      Mixed-Use Investment in Armory Square

      Prime mixed-use property in Syracuse's vibrant Armory Square neighborhood.
      317 W Fayette St, Syracuse, NY 13202
      View Details
    • $399,000
      4,408 SF

      Syracuse Commercial/Industrial Building For Sale

      4,408 sq ft commercial/industrial building in a busy area.
      6730 Townline Rd, Syracuse, NY 13211
      View Details
    • $450,000
      Pending

      Turnkey Restaurant Opportunity in Syracuse

      Fully renovated restaurant with equipment included, ready for immediate operation.
      210 W Seneca Tpke, Syracuse, NY 13205
      View Details
    • $225,000
      Pending

      Charming Two-Family Home with Fireplaces

      Spacious two-family home with fireplaces, ideal for investors or owners.
      1403 Oak St, Syracuse, NY 13203
      View Details
    • $130,000
      Pending

      Syracuse Multifamily Investment Opportunity

      Two-unit property with rental history in Strathmore area.
      214-16 Reed Ave, Syracuse, NY 13207
      View Details

    FAQs

    What type of property is this?
    Restaurant - Historic Syracuse building, 12 apartments, 2 retail spaces.
    Where is this restaurant located?
    The property is located at 315 Clinton St Syracuse, NY.
    What are key features of this property?
    This property features: Mixed-use property encompassing retail and multifamily components, totaling 38,512 square feet.; Nine (9) two-bedroom and three (3) one-bedroom apartments.; Two (2) commercial spaces with long-term tenants.
    Request Owner's contact information
    315 Clinton St Syracuse, NY 13202
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    315 Clinton St
    Syracuse, NY 13202
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    315 Clinton St Syracuse, NY 13202
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.