3000 Milton Ave
211,000 SF Industrial Building Syracuse, NY 13209 $5,950,000 ($28/SF)
![3000 Milton Ave, Syracuse, NY for sale - Building Photo - Image 1 of 15](https://images1.loopnet.com/i2/R6V3SMAyvXOuQq5GXMVCv1h_bxZYc3XPOYcMJkOUhl4/110/3000-Milton-Ave-Syracuse-NY-Building-Photo-1-Large.jpg)
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EXECUTIVE SUMMARY
PROPERTY FACTS
Price | $5,950,000 |
Price Per SF | $28 |
Sale Type | Investment or Owner User |
Property Type | Industrial |
Property Subtype | Manufacturing |
Building Class | B |
Lot Size | 17.90 AC |
Rentable Building Area | 211,000 SF |
No. Stories | 1 |
Year Built | 1930 |
Tenancy | Single |
Clear Ceiling Height | 22’ |
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Manufacturing
- 211,000 SF
- -
- -
The Frazer & Jones Company is a high quality ductile and malleable iron foundry that has been in business for over 150 years in Syracuse, New York. Their foundry produces approximately 90 million castings per year. These high-quality castings range in weights from ounces to twenty-five pounds. The Frazer & Jones Company is one of the largest Individual Ductile/Malleable foundries in the country. The present facility covers almost 210,000 square feet and currently employs approximately 150 people. The facility has complete raw material to final casting in-house manufacturing, heat-treating, finishing and quality control capabilities. Not only does Frazer & Jones consistently manufacture cast iron components of the highest quality, but they also possess advanced technology in place to verify that quality. The foundry is completely computerized utilizing real time Graphical Statistical Control to monitor key variables and allow their monitor from any step in the process.
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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Manufacturing | 211,000 SF | - | - |
PROPERTY TAXES
Parcel Number | 313201-001-000-0001-006-000-0000 | Improvements Assessment | $1,847,000 |
Land Assessment | $463,000 | Total Assessment | $2,310,000 |
ZONING
Zoning Code | 06 (Commercial 1: Zoning Industrial Use) |