Property summary
This exceptional Syracuse storefront property at 2015 Teall Ave offers 4,560 square feet of retail space across two stories, situated on a 6,348 square foot lot. Currently housing two month-to-month retail tenants, this presents a unique owner-user opportunity or continued rental income. The building boasts a full remodel completed in 2007, featuring a luxurious second-floor space with a full kitchen and bathroom, ideal for office or residential conversion. Three convenient bay doors (16'x8', 10'x10', and 9'x8') enhance functionality. The property includes a shingled roof, Drivit exterior, blown insulation, and efficient natural gas wall unit heating. Located in Onondaga County, NY, with Highway Commercial zoning (APN: 314889-070-000-0013-037-000-0000), this property is priced at $459,000 and offers significant potential for growth and return on investment. The building is a single, two-story structure with four units. The gross lease allows for flexibility, and the current tenants provide immediate cash flow. The property can be delivered vacant if desired. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable Syracuse location.
Property profile
VerifiedCap rate & NOI
Current use
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Interior Design Auto Repair Shop
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Interior Design Home Decor Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
03 - MULTI-FAMILY · Syracuse, NYZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 03 - MULTI-FAMILY in Syracuse, NY.
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