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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1805 Salina St Syracuse, NY 13208

6,237 SF 0.95 ac lot Built 1950
Property ID
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents a prime 0.95-acre parcel in Syracuse, NY, ideally situated on the highly trafficked corner of Hiawatha Boulevard and North Salina Street, boasting over 31,000 vehicles daily. Currently operating as a high-end pre-owned auto dealership, the property features two meticulously updated buildings: a 2,790 square foot office/used car area with two overhead doors and a 3,920 square foot body shop with four overhead doors. The total square footage is 6,237 net rentable. This Class A property, built in 1950, is zoned for industrial use and benefits from its proximity to major developments, including the $55.4 million transformation of the former Syracuse Penfield factory into a mixed-use complex with residential and commercial space. Other nearby attractions include Destiny USA Mall, NBT Bank Stadium, the Syracuse Regional Bus Transportation Center, and the Regional Market, all within walking distance. The property's strategic location offers easy access to I-81 and I-90, enhancing its appeal for a wide range of redevelopment possibilities. The asking price is $1,995,000. This is a rare chance to capitalize on the significant growth and revitalization occurring in this vibrant area of Syracuse.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1950
Total area 6,237 SF
Lot 0.95 ac (41,556 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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