701 Geddes StSyracuse, NY 13204

For Sale
$1,500,000

High-traffic corner, multi-tenant building.

Overview

Added:
Feb 3
Days on market:
43
701 South Geddes Street in Syracuse, NY presents a compelling investment opportunity. This 44,680 square foot general commercial building sits on a 0.53-acre lot at a key, signalized intersection, ensuring high visibility and accessibility. Constructed in 1920, the building currently houses eleven thriving retail tenants, demonstrating strong existing income potential. The property's prominent location makes it ideal for retail and street retail investors seeking a well-established presence in a bustling area of Greater Syracuse. The building offers 38,552 square feet of leasable space, currently occupied by multiple tenants. The property's substantial size and location offer significant upside potential. The existing structure provides a solid foundation for continued rental income, while the potential for development on the second floor presents an exciting avenue for future expansion and increased profitability. This corner property represents a rare chance to acquire a well-established, income-generating asset in a desirable Syracuse location with significant growth potential. The asking price is $1,500,000.

Property Details for 701 Geddes St

Property type
Other commercial real estate
Square Feet
44,680 SF
Year Built
1920
Lot Size (sq. ft)
23,087 SF

Location Insight

City
Syracuse
County
Onondaga
State
New York
Latitude
43.04072
Longitude
-76.17169
701 Geddes St, Syracuse, New York

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701 Geddes St
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