For Lease
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Property summary
This exceptional 10,148-square-foot freestanding building presents a remarkable investment opportunity in Syracuse, New York. Situated on a 1.38-acre lot with 95 feet of frontage on Erie Boulevard East, a major commercial corridor, this property boasts unparalleled visibility and exposure. The building, currently configured as a restaurant featuring an oversized bar and a large kitchen, is adaptable to various uses thanks to its "Very Flexible Industrial District A" zoning. The expansive lot provides ample parking with 100 spaces, exceeding the standard 10 spaces per 1,000 square feet. Its prime location offers convenient access to I-690, proximity to Dewitt, Syracuse University, and downtown Syracuse, ensuring high traffic counts and excellent demographics. The property's dimensions measure approximately 150 feet by 402.43 feet, maximizing its potential. This versatile space is ideal for a variety of retail or food service businesses seeking a high-profile location with substantial parking and flexible zoning. The asking price is $1,250,000. This is a rare opportunity to acquire a significant commercial property in a thriving area.
Property profile
VerifiedCap rate & NOI
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
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Syracuse market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
22 · Syracuse, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 22 in Syracuse, NY.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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