Former Syracuse University Bank Branch | 1004 E Adams St
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Former Syracuse University Bank Branch 1004 E Adams St
9,018 SF Retail Building Syracuse, NY 13210 £2,761,500 (£306/SF)
Investment Highlights
- Located in University Hill, steps away from Syracuse University
- Site access via E Adams Street and S Crouse Avenue.
- Excellent development opportunity
- 20 dedicated parking spots
Executive Summary
New development opportunity located in University Hill, just steps away from Syracuse University and SUNY Upstate Medical University & Health System.
Positioned between both of the Hill’s districts: Marshall Street & East Genesee Street.
Syracuse University has an enrollment of over 21,000 students and employs 5,000 people.
Upstate University Health System employs over 9,500 people and is Syracuse’s largest employer.
Nearby Marshall Street has dozens of shops and eateries, attracting students, professionals and visitors on a daily basis.
2-story building consisting of 9,018 RSF + Basement.
Total land area is 0.46 acres.
Site access via E Adams Street and S Crouse Avenue.
Close proximity to I-81.
20 dedicated parking spots.
Zoning MX-4: Urban Core (in effect as of 7/3/2023)
Positioned between both of the Hill’s districts: Marshall Street & East Genesee Street.
Syracuse University has an enrollment of over 21,000 students and employs 5,000 people.
Upstate University Health System employs over 9,500 people and is Syracuse’s largest employer.
Nearby Marshall Street has dozens of shops and eateries, attracting students, professionals and visitors on a daily basis.
2-story building consisting of 9,018 RSF + Basement.
Total land area is 0.46 acres.
Site access via E Adams Street and S Crouse Avenue.
Close proximity to I-81.
20 dedicated parking spots.
Zoning MX-4: Urban Core (in effect as of 7/3/2023)
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
9,018 SF
Building Class
C
Year Built
1970
Price
£2,761,500
Price Per SF
£306
Tenancy
Single
Number of Floors
2
Building FAR
0.45
Land Acres
0.46 AC
Zoning
BA - Proposed new zoning is MX-4: Urban Core
Parking
20 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
104 ft on E Adams St
Amenities
- Bus Route
- Drive Thru
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Chipotle
- Retailer
- -
- -
- -
- Five Guys
- Retailer
- -
- -
- -
- Popeyes
- Retailer
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Chipotle | Retailer | - | - | - | ||
| Five Guys | Retailer | - | - | - | ||
| Popeyes | Retailer | - | - | - |
Walk Score ®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 311500-049-000-0008-001-000-0000 | Improvements Assessment | £296,664 |
| Land Assessment | £433,950 | Total Assessment | £730,614 |
PROPERTY TAXES
Parcel Number
311500-049-000-0008-001-000-0000
Land Assessment
£433,950
Improvements Assessment
£296,664
Total Assessment
£730,614
-
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Former Syracuse University Bank Branch | 1004 E Adams St
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