323 James St Syracuse, NY 13203
- Commercial real estate
- 32,208 SF
- 0.16 lot acres
Current Use by Public Records
- Guardian Life Insurance Co-America / Insurance Agency
- The Honey Comb / Event Venue
- Moore Arts & Crafts Visual Arts Studio / Artistic Handicrafts
Property Details for 323 James St
- Year built
- 1920
- Lot size
- 0.16 lot acres
- Property size
- 32,208 SF
- Property type
- Commercial real estate
Description
This exceptional 32,208 square foot commercial building in downtown Syracuse presents a unique investment opportunity. Situated on a 0.16-acre lot, its premier location offers unparalleled access to Route 81 and the vibrant Little Italy neighborhood. The property boasts a striking architectural design, featuring a spacious lobby with an elevator and exposed brick throughout, reminiscent of New York City's Soho district. Hardwood floors and an updated HVAC system enhance the building's appeal. All utilities are separately metered. A clean, dry basement provides ample storage space. Currently, the building houses four established businesses: a locksmith, a photography studio, a construction company, and a marketing company. Approximately 20 off-street private parking spaces are located directly across the street, providing convenient parking for tenants and visitors. A significant vacant unit, featuring cathedral ceilings, Roman-Greco columns, and a shared kitchen and bathroom, offers immense potential for a variety of uses, including a restaurant, bar, specialty store, or dance studio. The building's adaptable layout also presents the possibility of converting some floors into luxury apartment units. This property is ideal for developers and business leaders seeking a high-impact investment in a thriving urban setting. The property is also available for lease at $14 per square foot.
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
- -76.1489
- Latitude
- 43.0525
