112 Wilkinson St - Flex FOR SALE


Syracuse, NY 13204- Westside
$3,800,000 USD
315-445-8520
112 Wilkinson St, Syracuse, NY for Sale
$3,800,000 USD
Flex - FOR SALE
1/8
null | Request Cap Rate

112 Wilkinson St
Syracuse, NY 13204
Westside


HIGHLIGHTS

  • In City of Syracuse this property sits on 1.5 acres with 85± parking spaces
  • Three buildings on the property; 35,523± SF, 16,600± SF, and 7,361± SF
  • Currently with income from tenants in 39,600± SF: Middle Ages Brewery & D&D Motors
  • Upside potential, 12,500± SF vacant in main building as well as 7,361± SF outparcel building
  • Property in Opportunity Zone, historic tax credits; property on historic registry, Part I approved
  • Seller has drawings for residential development of 12,500± SF on 2nd floor of main building

OVERVIEW

Offering includes a 53,324+/- building and a 7,361+/- SF freestanding warehouse with 85+/- on-site parking spaces all on 1.5+/- acres. 2-story 53,324+/- building is partially occupied by Middle Ages Brewery on a long-term lease for approximately 16,500 SF on first floor and 6,500 SF event space. Located in Downtown Syracuse. Development opportunity 12,500+/- SF vacant on 2nd floor main building. 7,361+/- SF outparcel building developed/leased for further upside. Property is in opportunity zone and on historic registry with potential for historic tax credits. Additional opportunity to purchase adjacent building.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Loft/Creative Space, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

22

APN/PARCEL ID

311500-105-000-0004-001-000-0000

ASK ABOUT THIS PROPERTY

Elaina PirroCushman & Wakefield | Pyramid Brokerage CompanyMore Info
315-445-8520

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

Elaina PirroCushman & Wakefield | Pyramid Brokerage CompanyMore Info
315-445-8520

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