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406-408 Kirkpatrick St 5,600 SF 100% Leased Retail Building Syracuse, NY 13208 $450,000 ($80.36/SF)
Investment Highlights
- Centrally located; close to the hospitals, downtown, the stadium & inner harbor!
Executive Summary
An opportunity of a lifetime in the city of Syracuse at 406 Kirkpatrick! This mixed-use building offers endless possibilities! Centrally located; close to the hospitals, downtown, the stadium & inner harbor! A commissary kitchen with commercial equipment, useful appliances, freezer & a full shower to clean up! You could host a ghost kitchen, prep catering orders or host your food truck! The massive garage/storage area is heated & offers plenty of space to work on your vehicles! There's a studio apartment on the first floor with kitchenette & full shower! A five-bedroom apartment upstairs features generous sized bedrooms, laundry room & LARGE living area! Both currently house long term Airbnb guests! Already a successful rental, you're walking into immediate cash flow! A parking lot outside has enough room for at least 9 cars! Big ticket items are done for you with new water heater & fully serviced furnaces! Whether you want to house hack or keep the money flowing, this property has so much to offer! Come with an open mind & make 406 Kirkpatrick your future wealth generator for years to come!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,600 SF
Building Class
C
Year Built
1960
Price
$450,000
Price Per SF
$80.36
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.86
Lot Size
0.15 AC
Zoning
010
Parking
10 Spaces (1.79 Spaces per 1,000 SF Leased)
Frontage
67’ on Kirkpatrick St
Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 311500-007-000-0031-001-000-0000 | Improvements Assessment | $77,000 |
| Land Assessment | $16,500 | Total Assessment | $93,500 |
Property Taxes
Parcel Number
311500-007-000-0031-001-000-0000
Land Assessment
$16,500
Improvements Assessment
$77,000
Total Assessment
$93,500
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406-408 Kirkpatrick St