Property summary
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
VerifiedCap rate & NOI
Current use
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Bar & Pub
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
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
16 · 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 16 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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