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137 Marshall St
Syracuse, NY 13210

Syracuse University "Front Door" Development · Land For Sale · 0.11 AC

Investment Highlights

  • Located at the "Front Door" of Syracuse University steps away from the campus
  • NET Land Lease of $44,000.00/month is an attractive option for investors and developers or use-owner
  • Currently no active Cannabis Retailers within 1,000 sf of property
  • Extremely rare listing on in the middle of the Iconic Marshall Street
  • New MX-4 Zoning allows for new 8-story development including, residential, high-profile retail, Hotel and more

Executive Summary

NEW TO MARKET
AN EXTREMELY RARE LISTING LOCATED ON THE ICONIC MARSHALL STREET IN THE HEART OF SYRACUSE UNIVERSITY
At the FRONT DOOR of Syracuse University, 137 Marshall Street in located in the middle of the block steps from the heart of the campus.
Excellent opportunity for new residential development, high-profile retail, hotel, or combination of all three.
Currently there are NO ACTIVE CANNABIS RETAILERS within 1,000 sf of property.
NET Land Lease of $44,000.00/month is an attractive option for investors and developers or user-owner.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Bar
  • Fast Food
  • General Freestanding
  • Healthcare
  • Hotel
  • Loft or Creative Space
Total Lot Size 0.11 AC

1 Lot Available

Lot

Price $9,600,000
Price Per AC $91,225,269
Lot Size 0.11 AC

50 feet of frontage along Marshall Street. Depth of 98 feet. Currently improved with a 1-story 4,200 s.f. building with a full basement.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
311500-049-000-0008-008-000-0000
Land Assessment
$196,000
Improvements Assessment
$714,000
Total Assessment
$910,000

zoning

Zoning Code MX-4 (The MX-4 district provides for higher-density residential development and other compatible uses up to 8-stories high.)
MX-4 (The MX-4 district provides for higher-density residential development and other compatible uses up to 8-stories high.)
  • Listing ID: 30371822

  • Date on Market: 12/14/2023

  • Last Updated:

  • Address: 137 Marshall St, Syracuse, NY 13210

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