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Karin Morabito

karin@karinmorabitohomes.com +1(585) 290-6410

$ 250,000

Est. payment | -/mo

6,701 SqFt

Save Virtual Tour

$ 250,000

Est. payment | -/mo

Save Virtual Tour

6,701 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 6,701 sqft

Price per Sqft $37

MLS Listing ID S1704630

Construction Status Existing

HOA Y/N No

Year Built 1930

Annual Tax Amount $9,846

Lot Size 0.840 Acres

Acres 0.84

Lot Dimensions 175X20010

Property Sub-Type Office

Property Description

Excellent income-producing commercial investment opportunity at 2012–2018 Teall Avenue, Syracuse, NY. This multi-tenant commercial property offers immediate cash flow with a diverse mix of established tenants and additional income potential.The property is currently generating rental income from multiple commercial spaces, including a 1,200 sq. ft. fried fish restaurant leased at $850/month, two approximately 2,200 sq. ft. commercial units leased at $680/month and $980/month, plus additional storage rental income of $100/month. The property's flexible layout and multiple tenancy provide stable income while offering opportunities for future rent growth and value enhancement.Ideally located on a high-visibility corridor with convenient access to downtown Syracuse and major transportation routes, this property is well-positioned for investors seeking a cash-flowing asset.

Location

State NY

County Onondaga

Area Salina-314889

Zoning 03

Direction From I-81, take Exit 18 (Butternut Street). Head east on Butternut Street, then turn right onto Teall Avenue. Continue south approximately 0.7 miles. The property is located at 2012–2018 Teall Avenue on the left-hand side.

Rooms

Basement None

Interior

Heating Gas, Central, Gravity, Hot Water

Flooring Concrete

Inclusions Equipment, Land, Building and Business

Fireplace No

Exterior

Utilities Available Sewer Connected

Roof Type Flat

Total Parking Spaces 8

Building

Lot Description Pie Shaped Lot

Building Description Brick,Block, Drive-In Doors

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Brick,Block

Construction Status Existing

Schools

School District Lyncourt

Others

Tax ID 314889-068-000-0001-038-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1704630

Listed by Keller Williams Syracuse 315-701-6900

NEARBY SCHOOL & BUSINESS

+1(585) 290-6410

karin@karinmorabitohomes.com

333 Metro Park, Rochester, NY 14623, USA

2018 Teall AVE #2012 Syracuse, NY 13206