320 Pearl St Syracuse, NY 13203
This exceptional mixed-use property, located at 320-324 Pearl Street in Syracuse, NY, presents a unique investment opportunity. The property comprises three buildings totaling 17,160 square feet on a 5,956 square foot lot. Built in 1920, this historic structure offers a blend of retail, office, and hospitality potential, currently zoned COM1 with a future rezoning possibility to MX-4 in Syracuse. The buildings feature a combined three stories and are situated on three separate parcels with APNs (311500) 017.-14-02.0, 017.-13-10.0, and 017.-13-11.0. The property's versatile nature allows for a variety of uses, including medical office, hotel, and motel, making it an ideal investment for developers and entrepreneurs seeking a prominent location in a vibrant city. The asking price is $1,200,000. Detailed building square footages are as follows: 7,160 sq ft (320-324 Pearl St & Hickory St), 4,455 sq ft (404 Pearl St), and 1,620 sq ft (400 Pearl St & Hickory St). This prime location in Onondaga County offers significant potential for growth and return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.