831 W Fayette ST, Syracuse, NY 13204
831 W Fayette ST, Syracuse, NY 13204
831 W Fayette ST, Syracuse, NY 13204
6
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$1,950,000
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54,802 SqFt
Price Dropped by $49K

831 W Fayette ST Syracuse, NY 13204

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Michael Ablan

Michael Ablan

+1(315) 286-3256

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Rent

Square Footage 54,802 sqft

MLS Listing ID S1521841

Construction Status Existing

HOA Y/N No

Year Built 1835

Lot Size 1.359 Acres

Acres 1.3591

Lot Dimensions 198X299

Property Sub-Type Commercial

Property Description

The historical Engelberg Huller warehouse is now available for sale. Property can also be available for lease and features heavy 3-phase power, 1 recessed dock, and 2 grade-level doors. Zoned Commercial 1 industrial (022), which allows for almost all uses. The property is situated on approximately 1.4 acres in the city limits of Syracuse, with 55,000 SF of warehouse now available for immediate lease or use. This redevelopment project could offer exceptional value for a developer, owner-user user or investor. The building is directly adjacent to a National Grid substation and could be suitable for a battery storage facility, solar project, and more. The property has both city water and sewer connected with multiple lines into the building. Located a minute's walk from downtown and surrounded by several multi-million dollar redevelopments currently underway, including the new Syracuse Police headquarters, this property has plenty of potential for owner-user or investor. A possible multi-family redevelopment opportunity or commercial use would be ideal. The property is also eligible for all housing tax credits and historical tax credit incentives programs, as well as multiple state and federal grant programs.

Location

State NY

County Onondaga

Area Syracuse City-311500

Zoning 022

Direction Located directly on W Fayette Street in Near Westside.

Interior

Heating Gas, Individual, Forced Air

Cooling 1 Unit

Inclusions Building Only

Fireplace No

Exterior

Utilities Available Sewer Connected

Roof Type Membrane,Rubber

Total Parking Spaces 50

Building

Lot Description Irregular Lot

Building Description Brick,Masonry,Concrete,Wood Siding, Conveyor,Drive-In Doors,Loading Dock

Story 3

Sewer Public Sewer

Structure Type Brick,Masonry,Concrete,Wood Siding

Construction Status Existing

Schools

School District Syracuse

Others

Tax ID 311500-100-000-0002-001-000-0000

Acceptable Financing Cash, Lease Option, Private Financing Available, Rehab Financing

Listing Terms Cash, Lease Option, Private Financing Available, Rehab Financing

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1521841

Listed by Acropolis Realty Group LLC

NEARBY SCHOOL & BUSINESS

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Michael Ablan

Michael Ablan

NYS Lic. R.E. Broker / Owner / CEO | License ID: 10491209935

+1(315) 286-3256

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