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    183 Walton St Syracuse, NY 13202

    Sponsored
    For Lease
    $22 SF/Yr

    Syracuse, NY: Prime Office & Retail Space

    Lot size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A commercial property at 183 Walton Street in Syracuse, NY, offers a unique opportunity for businesses seeking versatile space within the vibrant Armory Square community. The building, totaling 30,000 square feet, features twelve suites and is ideally suited for a variety of uses, including creative office, executive office, traditional office, and coworking spaces. The property also accommodates retail and restaurant tenants, making it a highly desirable location for diverse businesses. Currently, there is limited availability, with one remaining space ranging from 900 to 2,000 contiguous square feet. The minimum divisible space is 900 square feet, providing flexibility for businesses of varying sizes. The building's prime location within Armory Square ensures high visibility and accessibility, attracting a significant customer base. This is a rare opportunity to secure a space in a thriving, established commercial district. Don't miss out on this last remaining suite

    Property Features for 183 Walton St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF
    Class
    A
    Total Rate
    55000

    Unit(s) available at that property

    Space
    181 - 183 Walton Street
    Size
    2,000 SF
    Rate per SF
    $28

    HighLights

    • On‑site underground parking.
    • High‑traffic, prime location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Crave Dessert Studio Bakery

    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
    -76.155025994494
    Latitude
    43.047962727649

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    FAQs

    What type of property is this?
    Restaurant - Syracuse, NY: Prime Office & Retail Space
    Where is this restaurant located?
    The property is located at 183 Walton St Syracuse, NY.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: On-site underground parking.; High-traffic, prime location.;
    Request Owner's contact information
    183 Walton St Syracuse, NY 13202
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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
    183 Walton St Syracuse, NY 13202
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