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The Dana Building 135 E Water St 1,200 - 3,600 SF of Retail Space Available in Syracuse, NY 13202
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,400 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $38,400 /YR $3,200 /MO | Modified Gross | ||
| 1st Floor | 1,200 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $30,000 /YR $2,500 /MO | Modified Gross |
1st Floor
Located in the heart of Historic Hanover Square, this 2,400 SF ground-floor commercial space offers a rare opportunity to establish your business in one of Downtown Syracuse’s most dynamic and walkable neighborhood districts. Formerly home to Niko’s Family Restaurant, the space is ready for a complete renovation, giving tenants a blank canvas to reimagine and build out a truly custom concept. The property’s greatest value lies in its unmatched location and visibility — positioned at the crossroads of the downtown residential neighborhood and the central business district, where professionals, residents, and visitors converge daily.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space In Need of Renovation
1st Floor
Situated on the prominent corner of East Water and South Warren Streets in Historic Hanover Square, this 1,200 SF ground-floor space offers an exceptional opportunity to establish your brand in one of Downtown Syracuse’s most walkable and energetic neighborhoods. Formerly operating as Wild Will’s Saloon, the space is currently configured for a bar or lounge use, offering the potential for a near turnkey reopening. Alternatively, the property presents a rare opportunity to partner with a design-build firm and craft a fully customized hospitality or retail experience from the ground up. Hanover Square is a thriving destination for food, drink, and culture, surrounded by established local favorites such as Water Street Bagel Co., Pausa Coffee, Prime Steakhouse, and Eden. The district benefits from steady daytime traffic from the downtown business community, growing residential population, and weekend visitors drawn by nearby entertainment and nightlife.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Drinking Establishment
- Central Air Conditioning
- Corner Space
- Basement
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 3,600 SF | Gross Leasable Area | 13,452 SF |
| Property Type | Retail | Year Built | 1887 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 3,600 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 13,452 SF |
| Year Built | 1887 |
FEATURES AND AMENITIES
- Signage
NEARBY MAJOR RETAILERS
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The Dana Building | 135 E Water St
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