1623-1629 E Fayette St
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1623-1629 E Fayette St
3,436 SF Vacant Retail Building Syracuse, NY 13210 $389,804 CAD ($113 CAD/SF)
Investment Highlights
- 3,436 square foot mixed-use property with retail on the first floor and a 3 bedroom apartment on the second floor.
- Restaurant on the first floor with current tenant's lease expiring 5/30/25
Executive Summary
Currently a Chinese take out (all equipment belongs to tenant) with a couple of tables to eat in downstairs. High visibility and busy traffic. Upstairs apartment has 3 bedrooms and 1.5 bath. Renter is on a 10 year lease, which expires in May 2025. A golden opportunity for owner occupied or as an investment. Ample parking spaces are available. You don't want to miss this rare chance.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
3,436 SF
Building Class
C
Year Built/Renovated
1920/2012
Price
$389,804 CAD
Price Per SF
$113 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.27
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
010
Parking
6 Spaces (1.75 Spaces per 1,000 SF Leased)
Frontage
Walk Score ®
Very Walkable (76)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 311500-031-000-0012-001-000-0000 | Improvements Assessment | $89,297 CAD |
Land Assessment | $8,646 CAD | Total Assessment | $97,944 CAD |
PROPERTY TAXES
Parcel Number
311500-031-000-0012-001-000-0000
Land Assessment
$8,646 CAD
Improvements Assessment
$89,297 CAD
Total Assessment
$97,944 CAD
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1623-1629 E Fayette St
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