647 W Genesee St - Auto Dealership FOR SALE


Syracuse, NY 13204- Westside
$2,495,000 USD
315-430-0443
647 W Genesee St, Syracuse, NY for Sale
$2,495,000 USD
Auto Dealership - FOR SALE
1/35
null | Request Cap Rate

647 W Genesee St
Syracuse, NY 13204
Westside


HIGHLIGHTS

  • 37,170 +/- SF free-standing building
  • 1.45 +/- Acre Parcel
  • New Roof & Renovations in 2025
  • Zoned for diverse commercial use
  • Strategic location in Syracuse
  • Excellent visibility and access opportunities

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

5

APN/PARCEL ID

311500-106-000-0012-001-002-0000

ASK ABOUT THIS PROPERTY

Tom LischakBridgeway Commercial Realty, LLCMore Info
315-430-0443

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Tom LischakBridgeway Commercial Realty, LLCMore Info
315-430-0443

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