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631 S Geddes St
Syracuse, NY 13204
Retail Property For Sale
Investment Highlights
- Located on a busy corner with an average daily traffic count of over 19,000 vehicles.
- Situated just five minutes from downtown Syracuse and seven minutes from Syracuse University.
- Exceptional investment opportunity with strong income potential and redevelopment options.
- Features six operational gas pumps and an on-site convenience store.
- Within walking distance to schools, the Rosamond Gifford Zoo, and popular dining establishments.
Executive Summary
This property presents a rare opportunity to acquire a high-visibility gas station located on a busy corner near downtown Syracuse. Positioned along a well-traveled corridor with an average daily traffic count exceeding 19,000 vehicles, the site offers strong exposure and accessibility. The property includes six fueling pumps and an on-site convenience store, creating multiple revenue streams for an owner-operator or investor.
Its proximity to key destinations such as downtown Syracuse (5 minutes away) and Syracuse University (7 minutes away) enhances its appeal for consistent customer traffic. The location is also within walking distance of local schools, the Rosamond Gifford Zoo, and numerous dining options, further supporting steady business activity. With excellent redevelopment potential and long-term value, this asset is well-suited for those seeking a stable investment in a high-demand area.
Its proximity to key destinations such as downtown Syracuse (5 minutes away) and Syracuse University (7 minutes away) enhances its appeal for consistent customer traffic. The location is also within walking distance of local schools, the Rosamond Gifford Zoo, and numerous dining options, further supporting steady business activity. With excellent redevelopment potential and long-term value, this asset is well-suited for those seeking a stable investment in a high-demand area.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,007 SF
Building Class
C
Year Built
1974
Price
$1,200,000
Price Per SF
$1,191.66
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
MX-3 - The MX-3 district is established to provide for pedestrian-friendly, transit-supportive areas of higher-density residential and commercial use.
Frontage
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 311500-097-000-0004-083-000-0000 | Improvements Assessment | $117,800 |
| Land Assessment | $184,800 | Total Assessment | $302,600 |
Property Taxes
Parcel Number
311500-097-000-0004-083-000-0000
Land Assessment
$184,800
Improvements Assessment
$117,800
Total Assessment
$302,600
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