429 State St Syracuse, NY 13203
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 429 State St
- Lot size
- 0.46 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional 6,300 square foot, three-story freestanding building is situated on a 0.46-acre corner lot in Syracuse, NY, offering ample off-street parking. Previously housing Ilario’s Trattoria, this vacant property boasts a fully equipped kitchen, bar, and lounge, perfect for a restaurant or bar concept. The building benefits from a high-visibility location across from St. Joseph’s Health Hospital, one of the region's largest employers, with approximately 4,000 employees. The included fixtures, furniture, and equipment (FF&E) encompass stoves, grills, fryers, coolers, freezers, a dishwasher, and prep tables. Four adjacent lots provide additional parking. The property is zoned MX-4 and enjoys convenient access to downtown Syracuse, Destiny USA, I-81 (less than 0.5 miles), and I-690 (less than 1.5 miles). This prime location at the entrance to Syracuse's Little Italy neighborhood presents a unique opportunity for a thriving food and beverage establishment. The asking price is $850,000, with a price per square foot of $134.92.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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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
- -76.1506
- Latitude
- 43.0551
