Industrial Property for Sale in Syracuse, NY

  • Price: $3.8M
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Syracuse, NY 13204
  • Size: 66,535 SF

Description

Offering includes a 53,324+/- building and a 7,361+/- SF freestanding warehouse with 85+/- on-site parking spaces all on 1.5+/- acres. 2-story 53,324+/- building is partially occupied by Middle Ages Brewery on a long-term lease for approximately 16,500 SF on first floor and 6,500 SF event space. Located in Downtown Syracuse. Development opportunity 12,500+/- SF vacant on 2nd floor main building. 7,361+/- SF outparcel building developed/leased for further upside. Property is in opportunity zone and on historic registry with potential for historic tax credits. Additional opportunity to purchase adjacent building.

Market Context

This industrial in Syracuse, NY is listed for sale at $3,800,000 across 66,535 SF ($57/SF). It has been on the market for 206 days. Compare it against other industrial listings for sale in Syracuse, NY — <a href="/search/sale/industrial/new-york/syracuse">view the full market</a>.

As of Q4 2023, the Syracuse industrial market showed a 4.1% vacancy rate, and rents up 2.5% year over year. Source: Cushman & Wakefield Q4 2023 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Industrial market FAQ

Is the Syracuse industrial market tightening or softening?
Vacancy is around 4.1%, with asking rents rising year over year (Q4 2023).

Unified Estimate

Very Low Confidence

$60.77/SF – $82.20/SF

Mid: $71.49/SF

Total estimate for 66,535 SF: $4,756,587

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market fort-lauderdale (similarity: 100%) with 7 comparable listings.

Contact

Explore this market

Similar Industrial Property for Sale in Syracuse, NY