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1925 Park St
Syracuse, NY 13208
INNER HARBOR/DESTINY USA DEVELOPMENT SITE · Industrial Property For Sale
Investment Highlights
- Prime Commercial/Residential Development site adjacent to Syracuse Inner Harbor, Destiny USA Super Regional Shopping Mall and New Aquarium 8/26
- New MX-3 zoning allows for a redevelopment for wide variety of commercial uses as well as multi-family redevelopment
- Parcel has two established traffic lights at North Salina Street and Park Street. Excellent visbility from I-81
- 3/4 acre parcel with over 375 feet of frontage on Hiawatha Boulevard (Traffic count over 16,000 + AADT)
- Located at the exit/entry ramp to I-81 (Exit Traffic count 10,000 +AADT)
- Adjacent to $52 million historic renovation project (Moyer's Lofts) with 125 apartments that recently opened!
Executive Summary
Prime Development site in the shadow of Syracuse Inner Harbor and new Aquarium opening August 2026, DESTINY USA --a 2.4 million s.f. super-regional mall, and NBT Bank Stadium (Syracuse METS).
This .78-acre site has over 375' of frontage along Hiawatha Boulevard (traffic count over 16,000 AADT). Prime location on Hiawatha Boulevard at I-81 Exit (Exit traffic count over 10,000 AADT) New MX-3 Zoning allows for high-density commercial or residential development. Ideal location for a convenience store/gas station, hotel or residential.
Portion of the lot was recently cleared of a 12,250 sf structure leaving a 12,250 sf lot along with existing 30,000 s.f. of building, suitable for residential or commercial redevelopment including possible historic tax credits. The site ideal for high-end restaurant/retail with drive-thru. Over $70 million in two active redevelopment projects occurring on adjacent properties.
This .78-acre site has over 375' of frontage along Hiawatha Boulevard (traffic count over 16,000 AADT). Prime location on Hiawatha Boulevard at I-81 Exit (Exit traffic count over 10,000 AADT) New MX-3 Zoning allows for high-density commercial or residential development. Ideal location for a convenience store/gas station, hotel or residential.
Portion of the lot was recently cleared of a 12,250 sf structure leaving a 12,250 sf lot along with existing 30,000 s.f. of building, suitable for residential or commercial redevelopment including possible historic tax credits. The site ideal for high-end restaurant/retail with drive-thru. Over $70 million in two active redevelopment projects occurring on adjacent properties.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1935 |
| Property Subtype | Manufacturing | Parking Ratio | 1.02/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 0.49 AC | Cross Streets | Hiawatha Blvd W & Exchange St |
| Rentable Building Area | 29,315 SF | ||
| Zoning | I-A | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.49 AC |
| Rentable Building Area | 29,315 SF |
| No. Stories | 2 |
| Year Built | 1935 |
| Parking Ratio | 1.02/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
| Cross Streets | Hiawatha Blvd W & Exchange St |
| Zoning | I-A |
Amenities
- Bus Line
Property Taxes
| Parcel Numbers | Improvements Assessment | $449,196 CAD | |
| Land Assessment | $211,460 CAD | Total Assessment | $660,656 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$211,460 CAD
Improvements Assessment
$449,196 CAD
Total Assessment
$660,656 CAD
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