Syracuse Flex & Event Center

647 W Genesee St Syracuse, NY 13204

Syracuse
FOR SALE
Property Type:
Free Standing Building
Amount:
$2,495,000
Last Verified:
Jun 11, 2026

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Highlights

  • 37,170 +/- SF free-standing building
  • 1.45 +/- acre parcel with on-site parking
  • Former automobile dealership/showroom
  • Flexible multi-tenant commercial layout
  • High ceilings and large open areas
  • Overhead / grade-level doors
  • Major 2025 renovations underway
  • High-visibility Syracuse location

Description

647 W Genesee Street offers a rare opportunity to acquire a 37,170 +/- SF free-standing commercial building on 1.45 +/- acres in Syracuse, NY. Formerly an automobile dealership/showroom, the property is being repositioned into a flexible multi-tenant commercial asset with showroom, flex, service, storage, event, and owner-user potential.

Ownership has completed and/or commenced major improvements, including a new roof, new front showroom windows, interior painting, updated finishes, planned ceiling work, insulation upgrades, HVAC improvements, bathroom renovations, and other modernization efforts.

The property features high ceilings, overhead doors, large open areas, strong visibility, and ample on-site parking. Existing month-to-month tenancy provides flexibility for a buyer to keep income in place, renegotiate leases, pursue rental upside, or reclaim space for their own use. Potential owner lease-back income may also be available through the planned event/banquet concept, The Giselle Manor.

Located in the heart of Syracuse, the area surrounding the property combines historic charm with modern conveniences. Just minutes away from the vibrant downtown district, tenants can enjoy a variety of dining options, unique shops, and cultural attractions. The nearby Armory Square is a hub of activity with cafes, restaurants, and entertainment venues, while the picturesque Clinton Square hosts events year-round. With easy access to major highways and public transportation, the location offers convenience for commuters and visitors alike. The neighborhood's blend of rich history and contemporary amenities makes it an appealing choice for office tenants seeking a dynamic and lively setting.


Year Built: 1940
Building Size: 37170sq ft
Building Class: C
Lot Size: 1.45 acres


Documents

647 W Genesee St_2026_Sale

Map of 647 W Genesee St, Syracuse, NY, 13204

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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:

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