SQUARE FEET6,701
MLS#S1704630
STATUSActive
PROPERTY TYPECommercial - Office
SCHOOLLyncourt
Property Description
Excellent income-producing commercial investment opportunity at 2012-2018 Teall Avenue, Syracuse, NY. This multi-tenant commercial property offers immediate cash flow with a diverse mix of established tenants and additional income potential.The property is currently generating rental income from multiple commercial spaces, including a 1,200 sq. ft. fried fish restaurant leased at $850/month, two approximately 2,200 sq. ft. commercial units leased at $680/month and $980/month, plus additional storage rental income of $100/month. The property's flexible layout and multiple tenancy provide stable income while offering opportunities for future rent growth and value enhancement.Ideally located on a high-visibility corridor with convenient access to downtown Syracuse and major transportation routes, this property is well-positioned for investors seeking a cash-flowing asset.
Property Features
Property Type: Commercial - Office
Basement: None
Heating: Gas, Central, Gravity, Hot Water
Lot Size: 0.84 Acres
Roof Type: Flat
Stories: 1.0
Taxes: $9,846
Year Built: 1930
Feature Descriptions
Building Features: Drive-In Doors
Days on Site: 16
Exterior: Brick, Block
Flooring: Concrete
Lot: Pie Shaped Lot
Lot Dimensions: 175X20010
Parcel#: 314889-068-000-0001-038-000-0000
Parking: Common
Parking Notes: Common
Sewer: Public Sewer
Units: 4
Utilities: Sewer Connected
Local Schools
School District: Lyncourt
Listed By / Shown By
Listing By
Agency Name: Keller Williams Syracuse
Agency Contact: 315-701-6900
Shown By
Agent Name: Chris Lavey
Agent Phone: (716) 480-9507
Agency Title: MJ Peterson Real Estate
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2018 Teall Avenue, Unit 2012 | MLS# S1704630
This commercial property located at 2018 Teall Avenue, Unit 2012, Syracuse, NY 13206 is currently listed for sale with an asking price of $250,000. Teall Avenue, Unit 2012 is located within the Lyncourt school district. Search Syracuse real estate on www.chrislavey.com today.