626 Butternut ST Syracuse, NY 13208
4,198 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,198 sqft
Price per Sqft $28
MLS Listing ID S1726263
Construction Status Existing
HOA Y/N No
Year Built 1940
Annual Tax Amount $3,239
Lot Size 4,782 Sqft
Acres 0.1098
Lot Dimensions 33X145
Property Sub-Type Business
Property Description
THE BUILDING FEATURES SEPARATE FURNACE, AND ELECTRIC METERS FOR EACH UNIT. THIS HELPS REDUCE OWNER EXPENSES AND IMPROVE LONG-TERM CASH FLOW. THE PROPERTY IS CURRENTLY VACANT, MAKING IT IDEAL FOR AN INVESTOR LOOKING TO UPGRADE AND SET THEIR OWN RENTS, OR FOR AN OWNER-OCCUPANT SEEKING A VALUE-ADD PROJECT. REPAIRS ARE NOT NEEDED, WHICH IS ALSO REFLECTED IN THE OPPORTUNITY AND UPSIDE FOR THE NEXT OWNER.
NEAR DESTINY MALL, FARMERS MARKET, NBT BANK STADIUM, AND MINUTES FROM DOWNTOWN SYRACUSE, ARMONY SQUARE, ST. JOSEPH AND SUNY UPSTATE HOSPITALS. EASY ACCESS TO I-90, 690 AND 81 FOR QUICK COMMUTES. THIS PROPERTY IS ALSO A SHORT DRIVE FROM THE UPCOMING MICRON SEMICONDUCTOR DEVELOPMENT LOCATED IN CLAY, NY, WHICH WILL BE BRINGING THOUSANDS OF JOBS AND BOOSTING LOCAL DEMAND FOR HOUSING. WITH STRONG RENTAL INCOME, A CONVENIENT LOCATION, AND SYRACUSE'S GROWING ECONOMY.
Location
State NY
County Onondaga
Area Syracuse City-311500
Zoning MX-2 NBHD
Direction From 481 / 690, onto N. Townsend Street, onto Butternut Street, or From 481 / 81, onto N. Townsend Street, onto N. Clinton Street, onto Butternut Street.
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Hardwood, Linoleum, Varies, Vinyl
Inclusions Building Only
Fireplace No
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Metal
Total Parking Spaces 3
Garage Yes
Building
Lot Description Rectangular, Rectangular Lot
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Construction Status Existing
Schools
School District Syracuse
Others
Tax ID 311500-016-000-0002-007-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1726263