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2500 Grant Blvd

226,196 SF Specialty Building Offered at $1,200,000 in Syracuse, NY 13208

Investment Highlights

  • Prime Redevelopment

Executive Summary

The current owner purchased the property in 2015 and has conceptual design plans to redevelop the property into a mixed-use multi-tenant project. The owner successfully reduced tax assessment and was able to add a property to the national historical register.

Property Facts Under Contract

Price $1,200,000
Price Per SF $5
Sale Type Investment or Owner User
Sale Conditions Redevelopment Project
Property Type Specialty
Building Class B
Lot Size 7.79 AC
Building Size 226,196 SF
No. Stories 5
Year Built 1970

Amenities

  • Bus Line
  • Air Conditioning

About 2500 Grant Blvd , Syracuse, NY 13208

This property is located on the north side of the City of Syracuse, close to Destiny USA, NBT Bank Stadium, Interstate 81 and I-90. The property spans an entire city block, consists of 6 buildings with square feet exceeding 218,000 SF. The school, known as “The Gingerbread” already has conceptual designs to be developed into 64 apartments. Property is registered historic, allowing for tax advantages on redevelopment.

zoning

Zoning Code 027
027
  • Listing ID: 17871745

  • Date on Market: 12/4/2019

  • Last Updated:

  • Address: 2500 Grant Blvd, Syracuse, NY 13208

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