301 Salina StSyracuse, NY 13202

Property Details for 301 Salina St

Year built

1920

Lot size

0.35 AC

Property size (Sq ft)

56,000 SF

Property type

Retail properties

Description

This iconic, four-story, Class A retail building, located at 301 S Salina St, Syracuse, NY 13202, offers 56,000 square feet of space on a 0.35-acre lot. Built in 1920, the property boasts a prominent corner location with excellent visibility from both W. Fayette and S. Salina Streets. The building features a grand staircase connecting the first floor to a 14,000 square foot lower level with impressive 17-foot ceiling heights. A significant portion of the first floor is occupied by DGX, opening in the third quarter of 2021. The property is offered as a multi-tenant NNN lease with 10 years remaining on the lease term. Ample parking is available with 1,500 public spaces within one block. The property benefits from its location in a revitalized downtown area, with convenient access to public transportation (centro bus stops on Salina Street). Downtown Syracuse has experienced substantial growth, including a 77% increase in residents (3,600 currently) over the past decade and over $1 billion in new investment between 2010 and 2021. Further development is planned, with an additional 500 apartments expected by 2022. The asking price for this exceptional investment opportunity is $3,100,000. The APN is 311500-101-000-0006-012-000-0000.

Location Insight

City

Syracuse

County

Onondaga

State

New York

Latitude

43.0485

Longitude

-76.1517

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