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534 Westcott St 0.24 Acres of Commercial Land Offered at $1,376,473 CAD in Syracuse, NY 13210
INVESTMENT HIGHLIGHTS
- Heavy foot traffic
- Proximity to 3 major hospitals
- Proximity to international airport
- Proximity to Syracuse University
- Proximity to Micron
- Proximity to 6 major US Interstate Routes
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $1,376,473 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.24 AC |
| Zoning | MX-2 - Mixed use | ||
| Price | $1,376,473 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.24 AC |
| Zoning | MX-2 - Mixed use |
1 LOT AVAILABLE
Lot
| Price | $1,376,473 CAD | Lot Size | 0.24 AC |
| Price Per AC | $5,629,976.69 CAD |
| Price | $1,376,473 CAD |
| Price Per AC | $5,629,976.69 CAD |
| Lot Size | 0.24 AC |
The lot at 534 Westcott St, Syracuse, NY 13210 is a 0.24-acre commercial property in a high-traffic area near Syracuse University. It offers potential for mixed-use development with 10,000 sqft of commercial space and 25,000 sqft of residential space
DESCRIPTION
Westcott Street’s thriving business district supports a wealth of unique shops/restaurants less than 1 mile from Syracuse University and 3 major hospitals, with thousands of students and professionals calling the Westcott Neighborhood home. This high traffic location supports its local businesses year-round and the proximity to 6 major interstate routes (11/31/81/90/481/690), an international airport, and the much-anticipated Micron chip factory poise Westcott for lucrative economic growth. This development opportunity with a lot area of 10,650 square feet, has the potential for a mixed-use building with 10,000sf of new commercial space, 1,000sf of office space, and 25,000sf of desperately needed new apartment space. The Westcott Remix project laid much of the groundwork for this redevelopment. Investors have the opportunity to build upon the project’s foundation or realize a vision of their own! See https://www.westcottremix.com/ for more information on the original project.
PROPERTY TAXES
| Parcel Number | 311500-046-000-0006-009-000-0000 | Improvements Assessment | $281,176 CAD |
| Land Assessment | $29,048 CAD | Total Assessment | $310,224 CAD |
PROPERTY TAXES
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534 Westcott St
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