701 South Geddes Street
701 South Geddes Street
Syracuse, NY 13204
Highlights
- 38,552 SF multi-tenant retail building
- Long-term tenants on month-to-month leases
- Historic structure built in 1920 with freight elevator access
- Renovated in 2022
- .53-acre parcel at a signalized, high-traffic intersection
- Strong visibility with ±20,000 vehicles per day
- Development potential for residential or additional commercial use
- Basement space available for storage or further buildout
- Adjacent to Valero Gas Station
- Rapidly evolving corridor with strong future upside
Description
Outstanding investment opportunity at a high-traffic corner in Syracuse. This 38,552 SF multi-tenant retail building features eleven established tenants and sits on a .53-acre parcel with excellent visibility—over 20,000 vehicles pass daily. Built in 1920, the two-story structure includes a freight elevator, usable basement, and development potential on the second floor for residential or additional commercial space. Located next to a Valero gas station, near Burnet Park Zoo, and close to a new police station, this property offers strong income with value-add upside.
Discover the vibrant potential of the Greater Syracuse market! Nestled in the heart of the city, the location offers prime access to a bustling community and a diverse array of amenities for retail investors. With close proximity to the historic Armory Square, known for its unique blend of shops, restaurants, and entertainment, the area provides a dynamic environment for retail businesses to thrive. Nearby destinations like the Everson Museum of Art and the Rosamond Gifford Zoo offer additional attractions for locals and visitors alike. The property's strategic location presents an exciting opportunity to become part of a thriving retail landscape in Syracuse, NY.
