1965 Fayette StSyracuse, NY 13204

For Sale
$289,000

Syracuse redevelopment opportunity: 9,400 sq ft, 3-story building.

Overview

Added:
Dec 11, 2024
Days on market:
97
This exceptional 9,400 square foot mixed-use building at 1965 West Fayette Street in Syracuse, New York presents a compelling redevelopment opportunity. Situated on a 0.13-acre lot, this three-story masonry structure boasts a full basement and offers significant potential for a variety of uses. Currently configured as a jazz club with a full kitchen, the building features a spacious 4,620 square foot first floor and two additional floors of 2,380 square feet each. The property's Industrial A zoning allows for a wide range of possibilities, including residential apartments, retail spaces, and light industrial applications. Its rich history as a former Erie Canal-era hotel and restaurant adds to its unique character. The building's prime location directly across from the former Strathmore Paint building, currently undergoing repurposing for retail, office, and co-working spaces, further enhances its investment potential. This property is priced at $289,000 and offers a rare chance to capitalize on the revitalization of this vibrant Syracuse neighborhood. The building's substantial size and flexible zoning make it an ideal canvas for creative entrepreneurs and developers seeking a high-impact project in a rapidly evolving area. Don't miss this chance to acquire a piece of Syracuse history with significant upside potential.

Highlights

  • 9,400 SF three-story masonry building with full basement.
  • Currently operating as a jazz club with a full kitchen.
  • Floor plan: 4,620 SF first floor, 2,380 SF each on the second and third floors.
  • IA zoning allows diverse uses including apartments, retail, and light industrial.
  • Historic building; former Erie Canal-era hotel and restaurant.
  • Across from a repurposed former industrial building now offering retail, office, and co-working space.

Property Details for 1965 Fayette St

Property type
Other mixed-use properties, Mixed-use properties
Square Feet
9,400 SF
Stories
3
Lot Size (sq. ft)
5,663 SF

Location Insight

City
Syracuse
County
Onondaga
State
New York
Latitude
43.0552105
Longitude
-76.1868191
1965 Fayette St, Syracuse, New York

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1965 Fayette St
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