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Former Syracuse University Bank Branch 1004 E Adams St 9,018 SF Retail Building Syracuse, NY 13210 $3,100,000 ($343.76/SF)

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INVESTMENT HIGHLIGHTS

  • Located in University Hill, steps away from Syracuse University
  • Site access via E Adams Street and S Crouse Avenue.

EXECUTIVE SUMMARY

Purchase opportunity located in University Hill, just steps away from Syracuse University and SUNY Upstate Medical University & Health System.
Positioned between both of the Hill’s districts: Marshall Street & East Genesee Street.
Syracuse University has an enrollment of over 21,000 students and employs 5,000 people.
Upstate University Health System employs over 9,400 people and is Syracuse’s largest employer.
Nearby Marshall Street has dozens of shops and eateries, attracting students, professionals and visitors on a daily basis.
2-story building with +/- 4,600 SF on each floor + basement.
Site access via E Adams Street and S Crouse Avenue.
Close proximity to I-81.
Dedicated parking spots.
Price Reduction from $3,500,000.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
9,018 SF
Building Class
C
Year Built
1970
Price
$3,100,000
Price Per SF
$343.76
Tenancy
Single
Building Height
2 Stories
Building FAR
0.45
Lot Size
0.46 AC
Zoning
BA - Zoning MX-4: Urban Core (effective 7/3/2023)
Frontage
104’ on E Adams St

AMENITIES

  • Bus Line
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Chipotle
  • Retailer
  • -
  • -
  • -
  • Five Guys
  • Retailer
  • -
  • -
  • -
  • Popeyes
  • Retailer
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Chipotle Retailer - - -
Five Guys Retailer - - -
Popeyes Retailer - - -
Walk Score®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

NBT Bank
Chase Bank
Starbucks
Five Guys
Ymca
Lidl
Community Bank, N.A.
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
311500-049-000-0008-001-000-0000
Land Assessment
$800,000
Improvements Assessment
$300,000
Total Assessment
$1,100,000
  • Listing ID: 23664192

  • Date on Market: 7/13/2021

  • Last Updated:

  • Address: 1004 E Adams St, Syracuse, NY 13210

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