122 And West Fayette StSyracuse, NY 13202

This exceptional 1.29-acre commercial land parcel, located at 122 West and West Fayette Street in Syracuse, New York (zip code 13202), presents a unique investment opportunity. Situated in Onondaga County, this property is ideally positioned adjacent to the vibrant Armory Square district, offering immediate access to its amenities and bustling atmosphere. The property is zoned MX-3, specifically permitting hotel development, making it an excellent site for a new hotel project. Its strategic location provides an access easement to Erie Boulevard West, ensuring convenient access and high visibility. The asking price for this prime development lot is $1,450,000. The property is privately owned and is available for purchase. This is a rare opportunity to acquire a sizable commercial lot in a thriving urban area with a permitted use that caters to the growing hospitality sector. The lot's size and zoning make it an attractive proposition for developers seeking to capitalize on the area's potential. Serious inquiries are encouraged.