1965 Fayette St Syracuse, NY 13204
- Commercial land
- 2,360 SF
- 0.10 lot acres
Current Use by Public Records
- Jus Sum Jazz Lounge / Bar
Property Details for 1965 Fayette St
- Year built
- 1960
- Lot size
- 0.10 lot acres
- Property size
- 2,360 SF
- Zone code
- 10
- Property type
- Commercial land
- APN
- 311500 036.-01-16.1
- APU
- 31150003601161
Description
This exceptional 9,400 square foot mixed-use building at 1965 West Fayette Street in Syracuse, New York presents a compelling redevelopment opportunity. Situated on a 0.13-acre lot, this three-story masonry structure boasts a full basement and offers significant potential for a variety of uses. Currently configured as a jazz club with a full kitchen, the building features a spacious 4,620 square foot first floor and two additional floors of 2,380 square feet each. The property's Industrial A zoning allows for a wide range of possibilities, including residential apartments, retail spaces, and light industrial applications. Its rich history as a former Erie Canal-era hotel and restaurant adds to its unique character. The building's prime location directly across from the former Strathmore Paint building, currently undergoing repurposing for retail, office, and co-working spaces, further enhances its investment potential. This property is priced at $289,000 and offers a rare chance to capitalize on the revitalization of this vibrant Syracuse neighborhood. The building's substantial size and flexible zoning make it an ideal canvas for creative entrepreneurs and developers seeking a high-impact project in a rapidly evolving area. Don't miss this chance to acquire a piece of Syracuse history with significant upside potential.
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
- -76.1149
- Latitude
- 43.0485
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA
