1011 Erie Blvd E - Warehouse FOR SALE


Syracuse, NY 13210- Eastside
$5,540,000 USD
315-424-1111
1011 Erie Blvd E, Syracuse, NY for Sale
$5,540,000 USD
Warehouse - FOR SALE
1/4
null | 7.86% Cap Rate

1011 Erie Blvd E
Syracuse, NY 13210
Eastside


HIGHLIGHTS

  • The State University of NY assumed occupancy 1985.

OVERVIEW

Introducing an exceptional investment opportunity - SUNY UPSTATE MEDICAL RECORD STORAGE located at 1101 East Water St, Syracuse, NY 13210. This prime property boasts a long-standing tenant, the State University of NY, occupying the 72,384 +/- SF warehouse space since 1985. Positioned strategically with easy access to Interstates 690 & 81 mere minutes away, and key establishments like Upstate Hospital and Syracuse University just 1 mile from the site, this property offers both convenience and potential for growth. The building was newly renovated in 2020, further enhancing its appeal and value. Surrounded by a thriving community, the property benefits from a robust demographic profile, with a projected population increase and solid median household incomes within 2, 5, and 10-mile radius. Take advantage of this rare offering with high traffic counts ensuring visibility and accessibility. Contact us now for more details and secure a profitable venture with this outstanding property in Syracuse.

FOR SALE DETAILS

PRICE

$5,540,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

7.86%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SUNY Upstate Warehouse

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

3

DRIVE INS

1

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.8

LAND SF

34,848

ZONING

022

APN/PARCEL ID

311500-030-000-0012-002-000-0000

ASK ABOUT THIS PROPERTY

Barton FeinbergSutton Real Estate Company, LLCMore Info
315-424-1111

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Barton FeinbergSutton Real Estate Company, LLCMore Info
315-424-1111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.