701 Geddes St, Syracuse, NY 13204

38,000 SF | 100% Leased | Retail Building | Syracuse, NY 13204 | $1,500,000 ($39/SF) | 7.36% Cap Rate

For Sale

Active

11 pictures

Asking Price $1,500,000

Property Type: Retail
Square Feet: 38,000 SF
Price / Square Foot: $39

Listing Contacts

Tom Lischak

Property Info

Property Overview

Introducing 701 South Geddes Street, a prime investment opportunity in the heart of Greater Syracuse. This impressive 38,552 SF multi-tenant building boasts a rich history, having been meticulously constructed in 1920 and now home to eleven thriving retail tenants. Offering exceptional visibility at a key intersection with a traffic light, the property occupies a .53-acre parcel and presents an ideal location for retail and street retail investors. With potential for development on the second floor, this corner gem promises a world of possibilities for astute investors seeking a coveted slice of Syracuse's vibrant retail landscape.

Property Details

Class: C
Year Built: 1920
Stories: 2
Property Subtype: Storefront Retail/Residential
Lot Size (sq. ft): 23,087 SF

Highlights

Multi-tenant building with eleven successful retail tenants
Historic 38,552 SF two-story structure built in 1920
Second floor offers development potential for additional space
Prime corner location at a traffic light intersection
Situated on a .53-acre parcel, providing ample space for retail activities
Highly visible location ideal for retail and street retail businesses

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