1. New York
  2. Syracuse
  3. 317 W Fayette Street
$1,100,000

317 W Fayette Street, Syracuse, NY 13202

  • 3,380 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $325/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

Welcome to 317 W Fayette Street, a prime mixed-use investment opportunity in the heart of Armory Square, one of Syracuse’s most vibrant and walkable neighborhoods. This well-maintained property features a commercial storefront and two smaller office spaces on the first floor, with two beautifully finished apartments on the second level; a 1-bedroom/1-bath unit and a spacious 2-bedroom/2-bath unit. All three main spaces are currently leased, offering immediate cash flow. The ground level provides flexibility for a variety of professional or retail uses. Located just steps from downtown dining, shopping, nightlife, and public transportation, this property offers strong occupancy and long-term investment potential. Over $250,000 in recent upgrades include plumbing, electrical, basement support beams, a sprinkler system addition, new fire alarm system, three newer boilers, a new HVAC system for the first floor, refinished stairs and hallway flooring, and an AC unit on the second floor currently being replaced. A turnkey asset with strong rental income and significant capital improvements already completed.

Listing Status:
Active
Date Added:
June 30, 2025 at 05:00AM
Listing Office:
Keller Williams Syracuse : 315-701-6900
Listing Agent:
Karen E Whalen : 315-663-6633
MLS ID:
S1618833
  • Basement: Full
  • A/C: Central Air
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0

This listing courtesy of Karen E Whalen, Keller Williams Syracuse

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Seymour Dual Language Academy

108 Shonnard St, Syracuse, NY, 13204

Grades PK-5

0.47 miles away

S

Syracuse STEM at Blodgett Middle School

312 Oswego St, Syracuse, NY, 13204

Grades 6-8

0.53 miles away

I

Institute of Technology at Syracuse Central

258 E Adams St, Syracuse, NY, 13202

Grades 9-12

0.56 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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