317 Salina St, Unit 19 Syracuse, NY 13202-1601
- Investment properties
- 26,840 SF
- 0.14 lot acres
Current Use by Public Records
- Credit Repair / Credit Reporting Agency
- DTLR / Children'S Clothing Store / Shoe Store
Property Details for 317 Salina St
- Year built
- 1920
- Lot size
- 0.14 lot acres
- Property size
- 26,840 SF
- Zone code
- 12
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 311500 101.-06-10.0
- APU
- 31150010106100
Description
This exceptional 5,280 square foot commercial space at 317 S Salina St, Syracuse, NY, presents a remarkable opportunity for businesses seeking a vibrant downtown location. Situated in the Armory Square submarket, this Class A property boasts a versatile layout suitable for retail, office, or a combination thereof. The space features high ceilings and large windows, allowing for abundant natural light. While parking is street parking, the property benefits from its location in a bustling area with high foot traffic (10,574 AADT) and proximity to major roads and public transportation. Surrounded by a diverse mix of shops, restaurants, and entertainment venues, this location offers unparalleled visibility and accessibility. The zoning is COR, allowing for a variety of commercial uses. The asking rent is $15.00 per square foot, NNN, with a total NNN expense of $5.50 per square foot (Taxes: $3.15 PSF, Insurance: $2.35 PSF). The landlord is open to customizing the space to meet tenant needs and offers flexible lease terms. This is a turnkey opportunity to establish a thriving business in the heart of Syracuse's dynamic downtown core. The square footage and lease terms are negotiable. Contact us for details.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $675,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $480,000
- 7%
- $445,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $445,000
- Geo Method
- $510,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $595,000
- Retail
- $540,000
- Mixed-Use
- $525,000
- Hospitality
- $560,000
- Educational
- $515,000
- Residential Income
- $445,000
- Energy
- $590,000
- Income-Based Land
- $580,000
- Food Service
- $565,000
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.1518
- Latitude
- 43.0482
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA
