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313 S Salina St 16,240 SF 100% Leased Retail Building Syracuse, NY 13202 $1,200,000 ($73.89/SF)
Executive Summary
Downtown Syracuse Development Opportunity
5-story historical building with the interior fully demolished, new roof, & drawings done for 9 luxury apartments with first floor retail space - this building is ready for redevelopment. The apartments would have very large 10 ft windows on both S. Salina St and Bank Alley. Located in the Heart of Downtown Syracuse - across from the corporate offices of MICRON, the Downtown Committee of Syracuse, CenterState CEO, and on the same street as the Landmark Theatre and the Red House Theatre. Within 1 block are the popular areas of Armory Square and Hanover Square.
5-story historical building with the interior fully demolished, new roof, & drawings done for 9 luxury apartments with first floor retail space - this building is ready for redevelopment. The apartments would have very large 10 ft windows on both S. Salina St and Bank Alley. Located in the Heart of Downtown Syracuse - across from the corporate offices of MICRON, the Downtown Committee of Syracuse, CenterState CEO, and on the same street as the Landmark Theatre and the Red House Theatre. Within 1 block are the popular areas of Armory Square and Hanover Square.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
16,240 SF
Building Class
C
Year Built
1920
Price
$1,200,000
Price Per SF
$73.89
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.95
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
012 - Commercial/Mix-USe
Frontage
Amenities
- Bus Line
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
24,104
150,242
229,079
2030 Population
24,322
149,307
227,199
2025-2030 Projected Population Growth
0.9%
-0.6%
-0.8%
Median Age
33.8
33.8
36.3
College Degree + Higher
27%
28%
31%
Daytime Employees
76,075
127,105
179,568
Total Businesses
6,667
10,952
15,958
Average Household Income
$55,599
$69,000
$79,787
Median Household Income
$31,621
$50,147
$58,867
Total Consumer Spending
$208.8M
$1.4B
$2.4B
2025 Households
11,607
59,841
93,043
Average Home Value
$163,352
$185,639
$208,141
Nearby Major Retailers
Property Taxes
| Parcel Number | 311500-101-000-0006-011-000-0000 | Improvements Assessment | $129,400 |
| Land Assessment | $68,600 | Total Assessment | $198,000 |
Property Taxes
Parcel Number
311500-101-000-0006-011-000-0000
Land Assessment
$68,600
Improvements Assessment
$129,400
Total Assessment
$198,000
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Contact the Sale Advisor
313 S Salina St