Property
Syracuse, NY 13202 321 W Fayette Street
$650,000
Presented By: Jacob Kippen with Rooftop Realty Group LLC;
SQFT • 8,392
Home Details
Introducing 321 W Fayette Street – a unique and income-producing mixed-use property located in the heart of Downtown Syracuse, just steps from Armory Square. This well-known building is home to a long-established Syracuse bar on the ground floor, a local staple with steady foot traffic and a loyal following.
Above the bar, the second and third floors offer a total of 20 single-room occupancy (SRO) boarding rooms, providing consistent rental income. The rooms share common bathrooms and are ideal for workforce or transitional housing. With strong demand for affordable downtown lodging, this property delivers reliable cash flow with room for management and operational improvement.
Presented By: Jacob Kippen with Rooftop Realty Group LLC;
Interior Features for 321 W Fayette Street
Bathrooms
Main Level Bathrooms0
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Total Fireplaces
Total Stories2
General for 321 W Fayette Street
CitySyracuse
CoolingCentralAir
CountyOnondaga
Elementary School DistrictSyracuse
HeatingGas, ForcedAir
High School DistrictSyracuse
Lease Considered Y/NNo
LevelsTwo
Lot Size Square Feet2376.0
Lot Size UnitsAcres
MLS AreaSyracuse City-311500
Middle/Junior School DistrictSyracuse
Number Of Units Total
PossessionCloseOfEscrow
Property ConditionResale
Property TypeCommercialSale
RoofMembrane, Rubber
School DistrictSyracuse
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameMill Pond
Tax Annual Amount11295.0
Tax Assessed Value240000
Tax Lot4
TaxOtherAnnualAssessmentAmount0.0
Total Rooms12
TownshipNot Applicable
UtilitiesSewerConnected, WaterConnected
Year Built1820
Year Built DetailsExisting
ZoningCom
Zoning DescriptionCommercial
Exterior for 321 W Fayette Street
Building Area Total8392.0
InclusionsLand and Building
Lot Dimensions24X99
Lot FeaturesRectangular, RectangularLot
Lot Size Acres0.0545
Lot Size Area0.0545
Number of Buildings1
Total Parking1.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
