Prime Retail Corner | For Lease or Sale

4603 E Genesee Street Syracuse, NY 13214

4603 E Genesee Street, Syracuse, NY, 13214
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FOR SALE FOR LEASE
Property Type:
Restaurant
Amount:
Please Call Broker for Price

Last Verified:
Feb 19, 2018

Highlights

  • 2,506+/- SF Restaurant | Former iHop
  • Prime Corner Location
  • Highly Visible Site- Situated on .75 Acres
  • Close to Major Highways
  • Long Term Lease Available
  • Bring Offers to Purchase

Description

Rare opportunity to purchase or lease a Prime Corner in the Eastern Suburbs of Syracuse, New York. This 2,506+/- SF restaurant can easily be converted to many other uses. Building is situated on a .75+/- Acre parcel. Possibility to acquire the adjacent property which is a NNN Dentist Lease.

Rare opportunity to Lease or Purchase a Restaurant Facility on a Prime Corner in the Eastern Suburbs of Syracuse, New York. This 2,506+/- SF restaurant was a former iHop for nearly 30 years. It can easily be converted to many other uses. Building is situated on a .75+/- Acre parcel. Long term lease available or Bring Offers for a purchase. Possibility to acquire the adjacent property which is a NNN Dentist Lease.

Prime Corner, E Genesee St. & Erie Blvd. Great traffic counts on both E. Genesee Street and Erie Blvd. East. Site has Excellent Visibility and Close to Major Highways.


Year Built: 1970
Building Size: 2506.0sq ft
Lot Size: 0.75 acres

Units for Lease

Restaurant Facilty
Lease Type: NNN
Price Per Sqft/Year: $25.94

Map of 4603 E Genesee Street, Syracuse, NY, 13214

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.