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317 W Fayette Street, Syracuse, NY 13202
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$1,100,000
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Home Details for 317 W Fayette Street
Price
$1,100,000
Type
Commercial/Industrial
Year Build
1960
Sq. Ft.
3380
Lot Size
0.04
County
Onondaga
Basement
Full
Tax
$9,986
MLS®️ Listing#
S1618833
On exitrealty.com
136 days
Property Description
Welcome to 317 W Fayette Street, a prime mixed-use investment opportunity in the heart of Armory Square, one of Syracuse’s most vibrant and walkable neighborhoods. This well-maintained property features a commercial storefront and two smaller office spaces on the first floor, with two beautifully finished apartments on the second level; a 1-bedroom/1-bath unit and a spacious 2-bedroom/2-bath unit. All three main spaces are currently leased, offering immediate cash flow. The ground level provides flexibility for a variety of professional or retail uses. Located just steps from downtown dining, shopping, nightlife, and public transportation, this property offers strong occupancy and long-term investment potential. Over $250,000 in recent upgrades include plumbing, electrical, basement support beams, a sprinkler system addition, new fire alarm system, three newer boilers, a new HVAC system for the first floor, refinished stairs and hallway flooring, and an AC unit on the second floor currently being replaced. A turnkey asset with strong rental income and significant capital improvements already completed.
- Heating Information
- Natural Gas
- Forced Air
- Utilities
- Sewer Connected
- Water Connected
- Cooling Information
- Central Air
- Water Features
- Public
- Basement
- Full
Listing Courtesy: Keller Williams Syracuse - 315-663-6633
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable by is not guaranteed accurate by the MLS.
? 2024 CNYIS, Inc., GENRIS and WNYREIS All rights reserved.
Fair Housing NoticeLast Updated: 2025-10-01 00:00:29
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