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Strada Mia Restaurant 311-313 N Geddes St 10,446 SF Retail Building Syracuse, NY 13204 $2,750,000 ($263.26/SF)



INVESTMENT HIGHLIGHTS
- Total of 13,737 SF Between Two Buildings: 10,719 SF Turn-Key Established Restaurant 3,018 SF Church Building on South Corner
- Large Customer Parking Lot
- Two Apartments
- Fully Equipped with Staff in Place
- Two Kitchens
- Six Tax Parcels
EXECUTIVE SUMMARY
Introducing the iconic Strada Mia Restaurant, a turn-key establishment that has been a cornerstone of the Syracuse community for decades. This revered restaurant sits on a corner lot and has plenty of off-street parking. The sale includes a total of 13,737 SF consisting of a 3,018 SF church and a 10,719 SF restaurant spread across six parcels on 1.2 +/- acres. The restaurant has upstairs apartments. This well established location with a rich history. Strada Mia- where classic Italian flavors meet thoughtfully sourced steakhouse fare. Warm, inviting spaces - from cozy booths and an upstairs dining room to a full bar and seasonal patio - provide the perfect setting for dining and celebrations!. The property presents an unparalleled opportunity for restaurant investors, with its expansive footprint and strategic Syracuse location. Its storied past and boundless potential, this property is poised to continue its legacy as a beloved establishment or to embark on a new chapter of success in the heart of Syracuse.
Discover the allure of Syracuse, a vibrant city renowned for its diverse cultural attractions and thriving culinary scene. Situated in close proximity to the property, Armory Square stands as a bustling district teeming with eclectic shops, gourmet eateries, and lively entertainment venues. This dynamic area presents an enticing blend of historical charm and modern allure, drawing in locals and visitors alike. Just a stone's throw away, the city's renowned museums, galleries, and theaters offer a rich tapestry of artistic and cultural experiences. With its vibrant atmosphere and diverse array of attractions, Syracuse sets the stage for the property to tap into a dynamic and thriving market.
Discover the allure of Syracuse, a vibrant city renowned for its diverse cultural attractions and thriving culinary scene. Situated in close proximity to the property, Armory Square stands as a bustling district teeming with eclectic shops, gourmet eateries, and lively entertainment venues. This dynamic area presents an enticing blend of historical charm and modern allure, drawing in locals and visitors alike. Just a stone's throw away, the city's renowned museums, galleries, and theaters offer a rich tapestry of artistic and cultural experiences. With its vibrant atmosphere and diverse array of attractions, Syracuse sets the stage for the property to tap into a dynamic and thriving market.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,446 SF
Building Class
C
Year Built
1916
Price
$2,750,000
Price Per SF
$263.26
Tenancy
Single
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
10
Parking
40 Spaces (3.83 Spaces per 1,000 SF Leased)
Frontage
86’ on Geddes St
AMENITIES
- Signage
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 311500-109-000-0004-014-001-0000 | Improvements Assessment | $205,000 |
| Land Assessment | $105,000 | Total Assessment | $310,000 |
PROPERTY TAXES
Parcel Number
311500-109-000-0004-014-001-0000
Land Assessment
$105,000
Improvements Assessment
$205,000
Total Assessment
$310,000
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Strada Mia Restaurant | 311-313 N Geddes St
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