321 West Fayette Street, Syracuse, NY 13202

8,392 sqft

Commercial Property
Built in 1820
2,374sqft lot
—— car garage
$77/sqft
Listed 1 month ago

Property Description

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.

Listing Status:: Active
Date Added:: June 5, 2025 at 05:00AM
Listing Office:: Rooftop Realty Group LLC : 315-944-2198
Listing Agent:: Jacob Kippen : 315-744-4043
MLS ID:: S1610669

A/C: Central Air
Heating: GasForced Air
Fireplace: Fireplaces: 0

This listing courtesy of Jacob Kippen, Rooftop Realty Group LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Seymour Dual Language Academy

108 Shonnard St, Syracuse, NY, 13204

Grades PK-5

0.46 miles away

Syracuse STEM at Blodgett Middle School

312 Oswego St, Syracuse, NY, 13204

Grades 6-8

0.52 miles away

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.