404 Oak StSyracuse, NY 13203

This three-story, 19,650 square foot office building at 404 Oak Street in Syracuse, NY, is offered at $1,350,000 ($68.70/sq ft). Built in 1970, the property boasts 65 parking spaces on a 39,799 sq ft lot. Currently 98% occupied, this multi-tenant building provides a strong income stream, having maintained this high occupancy rate for the past nine years. Its excellent condition and well-maintained structure represent a low-risk investment opportunity. The building enjoys a prime location in a busy traffic corridor with easy access to major highways (690), universities, hospitals, downtown Syracuse, the post office, and the Thruway. It's also minutes from the airport and situated in the Non-Profit Mile. This property is available for purchase individually or as part of a package deal with another property (2000 Teall Ave, Syracuse, NY 13206), potentially offering a discounted price. A new owner could explore converting one or more floors to housing, leveraging grant opportunities, although the building's current high occupancy makes it a reliable income generator. Ample off-street parking is available for tenants and clients. The zip code is 13203, and the property is located in Onondaga County.