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534 Westcott St
0.24 Acres of Commercial Land Offered at $1,559,217 CAD in Syracuse, NY 13210
Investment Highlights
- Heavy foot traffic
- Proximity to 3 major hospitals
- Proximity to international airport
- Proximity to Syracuse University
- Proximity to Micron
- Proximity to 6 major US Interstate Routes
Executive Summary
Property Facts
Price | $1,559,217 CAD | Property Type | Land |
Sale Type | Investment | Property Subtype | Commercial |
Sale Conditions | Redevelopment Project | Proposed Use | |
No. Lots | 1 | Total Lot Size | 0.24 AC |
Price | $1,559,217 CAD |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 0.24 AC |
1 Lot Available
Lot
Price | $1,559,217 CAD | Lot Size | 0.24 AC |
Price Per AC | $6,377,426 CAD |
Price | $1,559,217 CAD |
Price Per AC | $6,377,426 CAD |
Lot Size | 0.24 AC |
The lot at 534 Westcott St, Syracuse, NY 13210 is a 0.24-acre commercial property in a high-traffic area near Syracuse University. It offers potential for mixed-use development with 10,000 sqft of commercial space and 25,000 sqft of residential space
Description
Westcott Street’s thriving business district supports a wealth of unique shops/restaurants less than 1 mile from Syracuse University and 3 major hospitals, with thousands of students and professionals calling the Westcott Neighborhood home. This high traffic location supports its local businesses year-round and the proximity to 6 major interstate routes (11/31/81/90/481/690), an international airport, and the much-anticipated Micron chip factory poise Westcott for lucrative economic growth. This development opportunity with a lot area of 10,650 square feet, has the potential for a mixed-use building with 10,000sf of new commercial space, 1,000sf of office space, and 25,000sf of desperately needed new apartment space. The Westcott Remix project laid much of the groundwork for this redevelopment. Investors have the opportunity to build upon the project’s foundation or realize a vision of their own! See https://www.westcottremix.com/ for more information on the original project.
PROPERTY TAXES
Parcel Number | 311500-046-000-0006-009-000-0000 | Improvements Assessment | $279,728 CAD |
Land Assessment | $28,899 CAD | Total Assessment | $308,627 CAD |
PROPERTY TAXES
zoning
Zoning Code | MX-2 (Mixed use) |
MX-2 (Mixed use) |
Presented by
534 Westcott St
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