For Sale
$1,500,000
701 Geddes St Syracuse, NY 13204
High-yield multi-tenant retail building
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- Multi-tenant building with eleven thriving retail tenants.
- Historic 38,552 SF, two-story building, constructed in 1920, renovated in 2022.
- Second-floor offers significant redevelopment potential.
- Prime corner location at a signalized intersection.
- .53-acre lot in a high-visibility location.
- Strong 7.36% cap rate, $110,400 NOI, $1,500,000 asking price ($38.91/SF).
Property Details for 701 Geddes St
- Property type
- Retail properties, Mixed-use properties
- Square Feet
- 38,552 SF
- Class
- B
- Year Built/Renovated
- 1920/2022
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 23,087 SF
Location Insight
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Latitude
- 43.0408618
- Longitude
- -76.1717012
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield multi-tenant retail building
- Where is the retail property located?
- The property is located at 701 Geddes St Syracuse, NY.
- What is the asking price?
- The asking price for this property is $1,500,000.
- What are key features of this property?
- This property features: Multi-tenant building with eleven thriving retail tenants.; Historic 38,552 SF, two-story building, constructed in 1920, renovated in 2022.; Second-floor offers significant redevelopment potential.
- How can I contact the broker?
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