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SYRACUSE INNER HARBOR-DEVELOPMENT SITE 2 Industrial Properties Offered at $1,100,000 in Syracuse, NY
Investment Highlights
- Prime Commercial/Residential Development site adjacent to Syracuse Inner Harbor and Destiny USA Super Regional Shopping Mall
- New MX-3 zoning allows for a redevelopment for wide variety of commercial uses as well as multi-family redevelopment
- Parcel has two established traffic lights at North Salina Street and Park Street. Excellent visibility from I-81
- 3/4 acre parcel with over 375 feet of frontage on Hiawatha Boulevard (Traffic count over 16,000+ AADT)
- Located at the exit/entry ramp to I-81 (Exit Traffic count 10,000+ AADT)
- Adjacent to $52 million historic renovation project (Moyer's Lofts) with 125 apartments recent opened!
Executive Summary
Recent Major Price Adjustment.
Prime Development site in the shadow of Syracuse Inner Harbor and DESTINY USA--a 2.4 million s.f. super-regional mall. This .78-acre site has over 375' of frontage along Hiawatha Boulevard (traffic count over 16,000 AADT). Prime location on Hiawatha Boulevard at I-81 Exit (Exit traffic count over 10,000 AADT) New MX-3 Zoning allows for high-density commercial or residential development
Existing 30,000 s.f. building suitable for residential redevelopment including possible historic tax credits. Portion of the site ideal for high-end retail drive-thru. Over $70 million in two active redevelopment projects occurring on adjacent properties.
Prime Development site in the shadow of Syracuse Inner Harbor and DESTINY USA--a 2.4 million s.f. super-regional mall. This .78-acre site has over 375' of frontage along Hiawatha Boulevard (traffic count over 16,000 AADT). Prime location on Hiawatha Boulevard at I-81 Exit (Exit traffic count over 10,000 AADT) New MX-3 Zoning allows for high-density commercial or residential development
Existing 30,000 s.f. building suitable for residential redevelopment including possible historic tax credits. Portion of the site ideal for high-end retail drive-thru. Over $70 million in two active redevelopment projects occurring on adjacent properties.
Property Facts
| Price | $1,100,000 | Number of Properties | 2 |
| Price / SF | $27.79 / SF | Individually For Sale | 0 |
| Sale Condition | Build to Suit | Total Building Size | 39,578 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.77 AC |
| Status | Active |
| Price | $1,100,000 |
| Price / SF | $27.79 / SF |
| Sale Condition | Build to Suit |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 39,578 SF |
| Total Land Area | 0.77 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1925 Park St, Syracuse, NY 13208 | Industrial | 29,315 SF | 1935 | - |
| 1800 N Salina St, Syracuse, NY 13208 | Industrial | 10,263 SF | 1980 | - |
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SYRACUSE INNER HARBOR-DEVELOPMENT SITE
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