701 S Geddes St - Retail FOR SALE


Syracuse, NY 13204- Westside
$1,495,000 USD
315-430-0443
701 S Geddes St, Syracuse, NY for Sale
$1,495,000 USD
Retail - FOR SALE
1/11
null | 7.38% Cap Rate

701 S Geddes St
Syracuse, NY 13204
Westside


HIGHLIGHTS

  • Multi-tenant building with eleven successful retail tenants
  • Historic 38,552 SF two-story structure built in 1920
  • Second floor offers development potential for additional space
  • Prime corner location at a traffic light intersection
  • Situated on a .53-acre parcel, providing ample space for retail activities
  • Highly visible location ideal for retail and street retail businesses

OVERVIEW

Set in Syracuse’s Near West Side at the gateway to Downtown, 701 S Geddes Street offers the kind of location retailers and mixed-use investors actively seek: high visibility, strong daily traffic counts, and growing neighborhood momentum. Positioned just minutes from Burnet Park, an 88-acre destination park, and the Rosamond Gifford Zoo, the property also benefits from close proximity to Downtown’s Armory Square dining and entertainment district and cultural anchors like the Everson Museum of Art. The corridor is experiencing meaningful public and private reinvestment. The City’s new Syracuse Public Safety Complex on West Fayette Street is expected to be fully operational in 2026, bringing increased activity and stability to the area. In addition, planned “complete streets” improvements along South Geddes Street are designed to enhance roadway infrastructure, pedestrian access, and overall connectivity. Nearby, adaptive reuse residential projects are adding new housing units and contributing to neighborhood revitalization. With quick access to Destiny USA — one of the region’s largest retail and entertainment destinations — along with Downtown Syracuse and major transportation routes, this location presents a compelling opportunity to invest in a highly visible corridor positioned for continued growth and long-term appreciation.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$39 USD /SF

CAP RATE

7.38%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

CROSS STREETS

Shonnard St

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

10

APN/PARCEL ID

311500-097-000-0016-062-000-0000

ASK ABOUT THIS PROPERTY

Tom LischakBridgeway Commercial RealtyMore Info
315-430-0443

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Tom LischakBridgeway Commercial RealtyMore Info
315-430-0443

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