Active

534 Westcott Street

Syracuse NY, 13210

$1,200,000


$112.68 per sqft

Active

10,650 sqft

Commercial

Built in 1955

Westcott Street's thriving business district supports a wealth of unique shops/restaurants less than 1 mile from Syracuse University and 3 major hospitals, with thousands of students and professionals calling the Westcott Neighborhood home.


This high traffic location supports its local businesses year-round and the proximity to 6 major interstate routes (11/31/81/90/481/690), an international airport, and the much-anticipated Micron chip factory poise Westcott for lucrative economic growth.

This development opportunity with a lot area of 10,650 square feet, has the potential for a mixed-use building with 10,000sf of new commercial space, 1,000sf of office space, and 25,000sf of desperately needed new apartment space.

The Westcott Remix project laid much of the groundwork for redevelopment. Investors have the opportunity to build upon the project's foundation or realize a vision of their own!

S1526465

MLS ID

March 20, 2024

Listed

July 13, 2024

Updated

Map

534 Westcott Street
Syracuse NY, 13210

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Other, See Remarks


Heating

Yes


Heating Description

Other, See Remarks

Exterior/Building Features

Lot Size

0.32 Acres


Roof

Other, See Remarks


Sewer

Public Sewer

School Information

School District

Syracuse

Other Property Details

Area Name

Syracuse City-311500


Taxes

$8,465


Tax Frequency

Annually


Days on Market

22


Garage

No


Parking

On Site, Surfaced


Parking Total

10


View

No


County

Onondaga


Municipality

Not Applicable


Water Source

Public


Pool

No


Zoning

010


Buyer Agency Compensation

3%

 

Courtesy of University Hill Realty Ltd, Norman E. Roth

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