Property profile

321 Clinton St 25 Syracuse, NY 13202

OFF-MARKET
Investment properties
Property ID
US63-3750837
7,106 SF 0.14 ac lot Built 1953
Individually Owned 13-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property at 321 S Clinton St, Syracuse, NY, presents a unique investment opportunity. The building boasts a total of 10,659 square feet situated on a 0.14-acre lot. The ground floor currently houses a fully leased and operational restaurant space. This provides immediate and consistent rental income. Importantly, access to the restaurant area should not be attempted without prior arrangement with the tenant. Above the restaurant, a spacious four-bedroom penthouse apartment offers significant potential. This could be utilized as additional rental income, owner-occupied housing, or converted to further commercial space depending on future needs and local zoning regulations. The asking price for this versatile property is $1,250,000. This presents a compelling opportunity to acquire a mixed-use building in a desirable Syracuse location, offering both immediate return and long-term growth potential. The property's size and layout provide flexibility for a variety of uses, making it an attractive investment for both seasoned and emerging commercial property owners. Further due diligence is recommended to fully assess the potential and suitability of this property for your specific investment goals. Serious inquiries only.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1953
Total area 7,106 SF
Lot 0.14 ac (5,891 SF)
Zoning code 16
APN 311500 101.-05-17.0
UPID US63-3750837

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub

Location

321 Clinton St, Unit 25 Syracuse, NY 13202-1219
Syracuse metro Census 3200 SYRACUSE, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$820k
Blend (final) Blend
$345k

Owner & transaction history

since 2013
2 recorded transactions
2013
$580,000
2009
Price N/A

Zoning & alternative use

16 · Syracuse, NY
Top alternative use upside
Neighborhood: shopping center $760,000 +40.4%
Office building $705,000 +30.1%
Restaurant $690,000 +27.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 321 Clinton St, Unit 25?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message