901 Irving Ave Syracuse, NY 13210
- Commercial real estate
- 3,640 SF
- 0.05 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 901 Irving Ave
- Year built
- 1950
- Lot size
- 0.05 lot acres
- Property size
- 3,640 SF
- Property type
- Commercial real estate
Description
This exceptional 3,640 square foot commercial property, situated on a 0.05-acre lot at 901 Irving Avenue in Syracuse, NY, presents a compelling redevelopment opportunity. Located in a thriving economic development zone, this property enjoys unparalleled proximity to four major hospitals, Syracuse University, and the vibrant downtown area. The strategic location offers significant potential for a mixed-use development, incorporating residential apartments alongside retail or office spaces. Recent development in the immediate vicinity has dramatically increased property values, underscoring the exceptional investment potential of this site. The existing structure provides a solid foundation for a transformative project, capitalizing on the high demand for housing and commercial space in this rapidly growing area. The property's accessibility and visibility make it ideal for a variety of uses, catering to the needs of students, hospital staff, and the broader Syracuse community. This is a rare chance to acquire a prime piece of real estate in a location poised for continued expansion and increased profitability. The asking price is $3,200,000. Serious inquiries only
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.1364
- Latitude
- 43.0362
