500 Salina N Butternut St, Syracuse, NY 13208
Butternut Plaza, located at 500 Butternut Street in Syracuse, New York (zip code 13208), offers a prime retail opportunity. This neighborhood center boasts a total of 45,991 square feet and currently has 2,060 square feet of vacant space available for lease. The property is conveniently situated just outside of Syracuse's Little Italy and enjoys close proximity to St. Joseph's Hospital, ensuring high visibility and foot traffic. The center benefits from the presence of two national tenants, Family Dollar and Save-A-Lot, both of which demonstrated resilience during the recent economic challenges. This established tenancy provides a stable and attractive environment for new businesses. The property is classified as a retail neighborhood center in Onondaga County, New York. The available space presents a unique chance to establish or expand a retail presence in a thriving Syracuse location. The property's central location and established tenant base make it an ideal investment for businesses seeking strong visibility and a stable market. The 2,060 square feet of vacant space offers flexibility for a variety of retail uses. Interested parties should inquire for further details and lease terms.
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Boost Mobile Mobile Phone Store Electronics & Wireless Store
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Syracuse Community Police Center Police Department
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Pavone's Pizza Restaurant
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Spring Restaurant
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Save A Lot Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
20 · Syracuse, NYSyracuse. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.