241 South Ave Syracuse, NY 13204
- Mixed-use properties
- 6,000 SF
- 0.19 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 241 South Ave
- Year built
- 1969
- Lot size
- 0.19 lot acres
- Property size
- 6,000 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use commercial property, located at 241 South Ave in Syracuse, NY, presents a unique investment opportunity within the vibrant Southwest Gateway, benefiting from the $10 million Downtown Revitalization Initiative. Spanning 6,000 square feet on a 0.19-acre lot, this property is zoned MX2, allowing for diverse commercial uses. Currently, half the building functions as a real estate office, while the other half offers adaptable space previously occupied by a barber shop/hair salon and, prior to that, a retail store. The versatile layout includes a welcoming reception area, a convenient kitchen, and three bathrooms for the comfort of occupants and clients. Two basements provide ample storage or expansion potential. A fenced parking area comfortably accommodates at least ten vehicles, a significant advantage in a bustling urban setting. The property is being sold "as is," representing an estate sale, offering a blank canvas for creative entrepreneurs and astute investors to realize their vision. This prime location and flexible zoning make this a truly exceptional opportunity to establish or expand a business in a revitalized downtown area. The property's existing infrastructure and ample parking provide a solid foundation for immediate occupancy and future growth.
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
- -76.1588
- Latitude
- 43.0364
