137 Marshall St Syracuse, NY 13210

This exceptional mixed-use property, located at 137 Marshall St, Syracuse, NY 13210, presents a unique investment opportunity. Situated directly across from Syracuse University's campus, this 4,217 square foot building offers significant potential for redevelopment. Currently operating at 25% occupancy, the property is zoned for apartment building, storefront, and student housing uses, allowing for diverse development options. The asking price is $9,600,000, translating to $2,276.50 per square foot. Its prime location on Marshall Street, in the heart of the university area, makes it ideal for a variety of uses, including residential development, high-profile retail, or a hotel, or a combination thereof. The high demand for hotel rooms in the vicinity further enhances its appeal. A significant advantage is the absence of any active cannabis retailers within 1,000 square feet of the property. For investors and developers, or owner-users, a net land lease of $44,000 per month is available. This presents a compelling opportunity to capitalize on the vibrant Syracuse University environment and the strong demand for various commercial and residential uses in this strategic location. The property's versatility and prime location make it an exceptional investment prospect.