472-474 Salina St Syracuse, NY 13203
- Retail properties
- 2,200 SF
Current Use by Public Records
- Retail properties
Property Details for 472-474 Salina St
- Property size
- 2,200 SF
- Property type
- Retail properties
Description
This exceptional retail opportunity is located in the heart of Syracuse's vibrant Little Italy neighborhood, specifically within the North Salina Street bow-tie. The property at 472-474 North Salina Street offers 2,200 square feet of interior space in a single-story building. A significant advantage is the remaining term of the lease, which extends for 20 years, providing long-term stability for the business. The current rent is below market value, representing a substantial financial benefit. The property boasts 36 feet of street frontage, ensuring high visibility and accessibility for customers. Included in the sale are all existing store fixtures and inventory, allowing for a seamless transition for the new owner. The location benefits from a large sidewalk, providing ample space for pedestrian traffic and potential outdoor displays. Its proximity to St. Joseph's Hospital further enhances its appeal, drawing from a large and consistent customer base. This turnkey business opportunity presents a rare chance to establish or expand a retail presence in a thriving and well-established Syracuse neighborhood. The property is zoned for business use only.
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
- -76.1518
- Latitude
- 43.0574
