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1925-1933 W Fayette St
Syracuse, NY 13204
Retail Property For Sale
Investment Highlights
- Currently being renovated including the residential portion
- Mixed used building with possible expansion of apartments on the third floor
- Great parking available
Executive Summary
This is the Gas Pump Tavern, a legend of Tipp Hill and the Far Westside on West Fayette St between School and Williams. The first floor housed the bar, restaurant and kitchen, 2052 rentable square feet. Outside the restaurant, there is a 300 square foot walk-up bar and 154 square foot porch. The restaurant needs work but the basics are there and the floorplan will be a great launch point. The second floor is a 1,831 square foot apartment, also needs work but can easily be renovated into a beautiful space. Additionally, there is 1,863 square foot storage space on the third floor. The building and lot are 1925-33 W Fayette St, there is an additional lot adjoining at 1921 W Fayette St which is part of the parking lot and included in the sale. Combined there is 22,129 square feet of property, and in the past was allowed 49 parking spaces.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,746 SF
Building Class
C
Year Built
1900
Price
$611,447 CAD
Price Per SF
$106.41 CAD
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.55
Lot Size
0.24 AC
Zoning
10 - mixed use
Parking
40 Spaces (6.96 Spaces per 1,000 SF Leased)
Frontage
44’ on Fayette St
Amenities
- Bus Line
Property Taxes
| Parcel Number | 311500-111-000-0009-007-000-0000 | Improvements Assessment | $111,283 CAD |
| Land Assessment | $31,388 CAD | Total Assessment | $142,671 CAD |
Property Taxes
Parcel Number
311500-111-000-0009-007-000-0000
Land Assessment
$31,388 CAD
Improvements Assessment
$111,283 CAD
Total Assessment
$142,671 CAD
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