647 W Genesee St Syracuse, NY 13204
This exceptional commercial property, a former Lowery Jeep Dealership, presents a unique investment opportunity in Syracuse, NY. The expansive 37,170+/- square foot building sits on a 1.45+/- acre corner lot boasting excellent visibility on Syracuse's historic Automobile Row. The property features 800 amp power, four existing drive-in overhead doors, and impressive ceiling heights ranging from 11.5' to 19'. The layout includes a showroom, a large service department, a parts department, and a body shop area, offering significant flexibility for various commercial and industrial uses. The "CM" Commercial zoning allows for a wide range of possibilities, including the continuation of automotive-related businesses. Its strategic location provides easy access to I-690 and other major interstates. An additional 0.75+/- acre parcel across West Genesee Street is also available separately. This property is ideally suited for businesses seeking a high-profile location with ample space and robust infrastructure. The asking price is $1,990,000. This is a rare opportunity to acquire a substantial property in a highly desirable location with significant upside potential. The address is 647 W Genesee St, Syracuse, NY 13204. The property is located within the Motor Vehicle Sales Overlay District of the City of Syracuse.
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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
05 - COMMERCIAL · 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.