716 James St Syracuse, NY 13203
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15,200 SF Office Building, 10% Occupancy
Property size:
15,200 SFProperty Features for 716 James St
General Information
- Property type
- Office properties & Spaces
- Square Feet
- 15,200 SF
- Class
- B
- Lot Size
- 45,302 SF
Building Details
- Year Built
- 1970
- Buildings
- 1
- Stories
- 1
Listing Agent: Ed Kiesa
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This single-story, 15,200 square foot Class B office building, located at 716 James Street in Syracuse, NY, presents a compelling value-add opportunity. Built in 1970, the property sits on a 1.04-acre lot and features 13,057 net rentable square feet, currently at 10% occupancy with two tenants. The asking price is $1,000,000, translating to $65.79 per square foot. The building is zoned for office use and offers convenient access, ample on-site parking, and a prime location just outside the central business district (CBD), with a bus stop directly in front. Its proximity to hospitals and highways makes it particularly well-suited for medical offices. The property is currently undergoing re-tenanting efforts following the impact of the COVID-19 pandemic. This presents a significant opportunity for investors or owner-occupiers seeking to increase occupancy and generate substantial returns. The modified lease type and lack of tenant credit rating should be considered in any investment analysis. The building's single-story design ensures convenient access for tenants and visitors. James Street is a highly desirable office address outside the Syracuse CBD. This property is being offered for sale by owner.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dr. Arthur F. ...
Ophthalmologist
WL Staff Services, ...
Employment Agency
ATC Healthcare Services
Employment Agency
Baby's Debut 3D/4D ...
Medical Clinic
Carl Hanig
Ophthalmologist
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.142140708834
- Latitude
- 43.055350371583
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FAQs
What type of property is this?
Office property - 15,200 SF Office Building, 10% Occupancy
Where is this office property located?
The property is located at 716 James St Syracuse, NY.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: High-quality building available for immediate lease-up.; Significant value-add potential.; Owner actively leasing and will retain ownership upon increased occupancy.
