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Vacant Warehouse/Office or Adaptive Reuse 2204-2230 Erie Blvd 47,132 SF Vacant Industrial Building Online Auction Sale Syracuse, NY 13224
Matterport 3D Tours
Investment Highlights
- Vacant industrial and office assets offering immediate lease or occupancy upside with added long-term potential for adaptive reuse or redevelopment.
- Immediate access to Interstate 690 and convenient links to Interstate 81 and Interstate 90 enables streamlined connectivity across central New York.
- Proximity to quality amenities and regional demand drivers, including Downtown Syracuse, Syracuse University, and Syracuse Hancock Airport.
- Includes dock and drive-in loading doors, 12,000 square feet of dedicated office space, full sprinkler coverage, and a 3-phase power supply,
- Flexible CM zoning supports industrial, office, retail, service, multi-tenant residential, hospitality, and mixed-use redevelopment concepts.
- Competitive submarket with limited office and industrial vacancies and stable rent growth in recent years, ensuring long-term tenant demand.
Executive Summary
2204-2230 Erie Boulevard presents a rare opportunity to acquire 47,132 square feet of vacant industrial and office facilities on a highly visible 2.48-acre site in Syracuse, New York. The property offers immediate occupancy potential for an owner-user alongside substantial value-add upside for an investor pursuing lease-up, adaptive reuse, or redevelopment in this competitive submarket.
The 42,680-square-foot main building includes 30,680 square feet of warehouse/manufacturing area and 12,000 square feet of dedicated office space, supported by three truck-height dock doors, three drive-in overhead doors, clear heights from 9 feet 3 inches to 13 feet 6 inches, and 400-amp, 240-volt, 3-phase power. A second 4,320-square-foot building adds storage flexibility with one dock door, two overhead doors, private restrooms, 12-foot, 3-inch clear height, and 800-amp, 240-volt, 3-phase power. Both buildings are fully sprinklered and tenants can access approximately 50 on-site parking spaces for convenient entry.
CM zoning in the City of Syracuse supports broad use potential, accommodating a wide range of industrial, professional office, automotive sales and service, assembly, schools, storefront retail, restaurants, healthcare, daycare, indoor recreation, hotel, multi-tenant residential, and mixed-use redevelopment concepts.
Frontage along Erie Boulevard (Highway 5) provides visibility to approximately 15,000 vehicles per day and immediate access to a key commercial corridor. Nearby Interstate 690 connects quickly to Interstates 81 and 90, supporting regional movement across Central New York. The location’s appeal is enhanced by proximity to national retailers and major demand drivers including downtown Syracuse, Syracuse University, Destiny USA, the New York State Fairgrounds, and Syracuse Hancock International Airport.
Strong surrounding fundamentals add to the investment case. The 3-mile area includes more than 128,000 residents and a daytime workforce above 123,000, reinforcing access to labor and consumer demand. With industrial vacancy near 4.6%, office vacancy near 4.5%, and steady rent growth across both sectors, the property is perfectly positioned for a strategic operating base, lease-up strategy, or redevelopment play.
Property tours are by appointment only. Please contact the listing broker to schedule.
The 42,680-square-foot main building includes 30,680 square feet of warehouse/manufacturing area and 12,000 square feet of dedicated office space, supported by three truck-height dock doors, three drive-in overhead doors, clear heights from 9 feet 3 inches to 13 feet 6 inches, and 400-amp, 240-volt, 3-phase power. A second 4,320-square-foot building adds storage flexibility with one dock door, two overhead doors, private restrooms, 12-foot, 3-inch clear height, and 800-amp, 240-volt, 3-phase power. Both buildings are fully sprinklered and tenants can access approximately 50 on-site parking spaces for convenient entry.
CM zoning in the City of Syracuse supports broad use potential, accommodating a wide range of industrial, professional office, automotive sales and service, assembly, schools, storefront retail, restaurants, healthcare, daycare, indoor recreation, hotel, multi-tenant residential, and mixed-use redevelopment concepts.
Frontage along Erie Boulevard (Highway 5) provides visibility to approximately 15,000 vehicles per day and immediate access to a key commercial corridor. Nearby Interstate 690 connects quickly to Interstates 81 and 90, supporting regional movement across Central New York. The location’s appeal is enhanced by proximity to national retailers and major demand drivers including downtown Syracuse, Syracuse University, Destiny USA, the New York State Fairgrounds, and Syracuse Hancock International Airport.
Strong surrounding fundamentals add to the investment case. The 3-mile area includes more than 128,000 residents and a daytime workforce above 123,000, reinforcing access to labor and consumer demand. With industrial vacancy near 4.6%, office vacancy near 4.5%, and steady rent growth across both sectors, the property is perfectly positioned for a strategic operating base, lease-up strategy, or redevelopment play.
Property tours are by appointment only. Please contact the listing broker to schedule.
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Data Room Click Here to Access
- Offering Memorandum
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- Third Party Reports
- Miscellaneous
Market Analytics Click Here to Access
Property Facts
| Sale Type | Investment | No. Stories | 2 |
| Sale Condition | Auction Sale | Year Built | 1955 |
| Type of Ownership | Fee Simple | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.12/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 13’6” |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Lot Size | 2.48 AC | No. Drive In / Grade-Level Doors | 3 |
| Rentable Building Area | 47,132 SF | Parcel Number | 311500-035-000-0001-001-000-0000 |
| Zoning | CM - Commercial - The CM district is established to provide appropriate areas that permit the development and continued use of land for commercial and service uses. | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 2.48 AC |
| Rentable Building Area | 47,132 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Tenancy | Single |
| Parking Ratio | 2.12/1,000 SF |
| Clear Ceiling Height | 13’6” |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | CM - Commercial - The CM district is established to provide appropriate areas that permit the development and continued use of land for commercial and service uses. |
| Parcel Number | 311500-035-000-0001-001-000-0000 |
Amenities
- Bus Line
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Demographics
Regional Accessibility
City
Population
Miles
Drive Time
Philadelphia
1,584,138
254
5 h 3 m
New York
8,398,748
260
5 h 23 m
Boston
694,583
310
6 h 7 m
Washington
702,455
370
7 h 37 m
Detroit
672,662
418
8 h 17 m
Columbus
892,533
469
9 h 2 m
Access and Labor Force
10 Miles
Total Population
381,437
Total Labor Force
188,997
Unemployment Rate
3.52%
Median Household Income
$71,333
Warehouse Employees
23,718
High School Education Or Higher
90.60%
Sale Advisors
Sale Advisors
Patrick Hillery, Real Estate Salesperson
Patrick Hillery has been working in commercial real estate and facilities management for the past 17 years. Mr. Hillery joined Pyramid Brokerage Company in 2012 as a Real Estate Agent after a 14 year tenure at Fortune 500 company AECOM Corporation.
During his tenure at AECOM, Patrick was responsible for all Real Estate and Facilities in the South Region (U.S.), a ten (10) state area with over 8,000 employees. Since joining Pyramid Brokerage Mr. Hillery’s clients have included local, regional, national and international companies. Prior to his joining AECOM Mr. Hillery was employed by ENSR Corporation and Galson Corporation in various management roles.
Mr. Hillery is a former Board Member of the Ronald McDonald House of Central New York, and a current Board Member, and Past President of Big Brothers Big Sisters of Onondaga & Oswego County.
Patrick is a proud graduate of the State University College at Brockport (Golden Eagles!)
He currently resides in Dewitt, NY with his wife.
During his tenure at AECOM, Patrick was responsible for all Real Estate and Facilities in the South Region (U.S.), a ten (10) state area with over 8,000 employees. Since joining Pyramid Brokerage Mr. Hillery’s clients have included local, regional, national and international companies. Prior to his joining AECOM Mr. Hillery was employed by ENSR Corporation and Galson Corporation in various management roles.
Mr. Hillery is a former Board Member of the Ronald McDonald House of Central New York, and a current Board Member, and Past President of Big Brothers Big Sisters of Onondaga & Oswego County.
Patrick is a proud graduate of the State University College at Brockport (Golden Eagles!)
He currently resides in Dewitt, NY with his wife.
Kimberly Boynton, Investment Broker
Experienced CEO, CFO and Chairman of the Board with a demonstrated history of working in the hospital & health care industry. Skilled in Finance, Strategy, Nonprofit Organizations, Budgeting, Hospital Operations, Team Building, and Public Speaking. Strong business development professional and community leader with a Master of Business Administration (M.B.A.) from Syracuse University - Martin J. Whitman School of Management
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact
Casey Harrell
Contact
Auctioneer License:
Ten-X, Inc. Vibhav Kapila RE Brkr 10991231490
Contacts
-
Patrick Hillery -
Kimberly Boynton -
Cushman & Wakefield | Pyramid Brokerage Company
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Videos
Matterport 3D Exterior
Matterport 3D Tours
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Vacant Warehouse/Office or Adaptive Reuse | 2204-2230 Erie Blvd
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