Re-development Site highly visible 31,000 ADT 1805-1815 N Salina St

Investment Highlights

Highly Visible Location 31,000 Vehicles Daily. Destiny USA Mall, NBT Mets Stadium, Syracuse Regional Bus Transportation Center and Regional Market are all within 1/4 from this site. Several Major Re-developments Projects all within ? mile radius from this site. Interstates access 81 & 690 are across the street from this site.

Executive Summary

Highly visible Re-development Site consisting of .95 Acres on a the highly trafficked corner of Hiawatha Blvd. and North Salina Street with traffic counts in excess of 31,000 Vehicles daily. The Real Value in this property is it sits in the middle of several Major Re-developments Projects all within ? mile radius from the site. For example, the building directly across the street from this property is undergoing a $55.4 million major transformation of the former Syracuse Penfield factory. This building will have 128 loft apartments on the upper floors and the First floor will have over 3,600 square feet of Commercial space. In addition there are several major redevelopment projects underway in the immediate area such as the Inner Harbor Project, the Aquarium project and redevelopment of several other buildings. Additionally, Destiny USA Mall, NBT Mets Bank Stadium, the Syracuse Regional Bus Transportation Center and the Regional Market are all within walking distance from this site. The entrance to Interstate 81 is directly across the street from this property. The property for sale has two buildings situated on .95+/- Acres and is currently being operated as a high-end pre owned auto dealership. There are two buildings on the property one building is a 2,790+/- SF Office & Service Area with two overhead doors and the second building is a 3,920+/- SF Body Shop with four overhead doors. Both buildings have been completely Updated Inside & Out. This site has very close access to the I-90 Thruway and all Interstates. Potential Uses are: Retail site, Medical facility, Physician office, Physical Therapy, Restaurant, Convenience Store, Gas / Service station, Fast Food, Bar / Night club, Drug Store, Bank, Financial Emergency Care facility.

• Sale Type    Owner User
• Sale Condition    Redevelopment Project
• Property Type    Retail
• Property Subtype    Bank Bank General Retail Convenience Store General Retail Freestanding General Retail Restaurant Bank
• Building Size    6,237
• Building Class    C
• Year Built    1950
• Price    1,995,000
• Price Per SF    320
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.15
• Land Acres    0.93 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Pylon Sign