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200-208 E Florence Ave 8,800 SF Retail Building Syracuse, NY 13205 $400,000 ($45.45/SF)
INVESTMENT HIGHLIGHTS
- Auto body repair shop with fenced storage area
- Access to multiple streets
- Redevelopment potential in rapidly improving metropolitan area
EXECUTIVE SUMMARY
Opportunity awaits for the savvy buyer of this property. Maintain its current use as an automotive repair center or re-develop the property for higher use. This listing includes 3 city parcels for 1.57 acres of land with access to all utilities. Carve your place in the Syracuse area renaissance as it sees new development from the removal of elevated section of interstate 81 and the arrival of Micron and the related industry partners to come. Lifts, frame machine and spray booth included in sale.
DATA ROOM Click Here to Access
- Miscellaneous
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,800 SF
Building Class
C
Year Built
1900
Price
$400,000
Price Per SF
$45.45
Tenancy
Single
Building Height
1 Story
Slab To Slab
15’
Building FAR
0.12
Lot Size
1.67 AC
Zoning
01
Parking
50 Spaces (5.68 Spaces per 1,000 SF Leased)
Frontage
109’ on Florence Ave
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 311500-071-000-0003-005-000-0000 | Total Assessment | $188,000 (2024) |
| Land Assessment | $38,300 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $149,700 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
311500-071-000-0003-005-000-0000
Land Assessment
$38,300 (2024)
Improvements Assessment
$149,700 (2024)
Total Assessment
$188,000 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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200-208 E Florence Ave
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