550 Richmond Avenue Syracuse, NY $ 150,000
550 Richmond Avenue
$ 150,000
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550 Richmond Avenue

Syracuse, NY, 13204
$ 150,000
Baths0.0 Sq 7,223

Monthly Estimate*

$ 997

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Studio

Commercial Property for sale in Syracuse, NY

for $150,000. This 7,223 square foot building was built in 1920 on a lot size of 0.3.

Great opportunity for an investor or an entrepreneur looking to own and operate their own business. Entering through the front door you will walk into a bar/tavern that is ready for business. It has an occupancy of 64 and all of the equipment conveys. Men's & Women's bathrooms, office and full kitchen. On the other side of the bar is a massive banquet hall. Well over 2000 SF of open floor space with high enough ceilings to put in a basketball court. This area has a stage with storage underneath, its own entrance and back bar. The possibilities and uses of this space to make money are endless. Upstairs is a large 2-bedroom apartment ready to be rented or lived in by a new owner. The building has a metal roof and paved parking for 25+ cars. The two vacant lots across the street are also included in this sale. They could be used for additional parking, development or sold. Two huge walk-in coolers located in the basement are in good working condition. This property has amazing earning potential. Make your appointment today.

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Commercial Active

Price

$ 150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,205

Style

Business

Lot Size

0.3

Year Built

1920

Town/City

Syracuse

County/Region

Onondaga

MLS | Web ID

S1442411

Features
General
Heating Gas HotWater
Cooling CentralAir
Utilities SewerAvailable
Possession CloseOfEscrow
Roof Metal
Zoning 002
Year Built 1920
Stories 2
Township Not Applicable
Levels Two
Property SubType Business
County Onondaga
Net Operating Income -4205.0
Property Type CommercialSale
Status Active
City Syracuse
High School District Syracuse
Zoning Description Commercial
Total Units 0
MLS Area Syracuse City-311500
Lot Size Square Feet 13068.0
Waterfront Y/N No
Street Name Richmond
Year Built Details Existing
Tax Annual Amount 4205.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1442411 https://www.propertypanorama.com/instaview-tour/syr/S1442411
Days on Market 273
Standard Status Active
Middle/Junior School District Syracuse
Elementary School District Syracuse
Tax Assessed Value 90000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 26
Property Sub Type Additional Business MixedUse Commercial
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Interior
Basement Full
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Avenue
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features ParkingLot
Total Parking 25.0
Inclusions Equipment Land and Building
Lot Size Area 0.3
Number of Buildings 1
Building Area Total 7223.0
Lot Dimensions 99X132
Lot Size Acres 0.3
Lot Size Units Acres
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Internal Only
Street Number 1 550
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* Excluded Features
List By
Hunt Real Estate Era

Broker

(315) 682-7197

Phone

Affordability Calculator

$1,347
Per Month
74%
26%
0%
Monthly Principal & Interest
$997
Monthly Property Taxes
$350
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
247387 Elementary School
247878 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/7/2023$150,000 -24.96% Price Down
5/12/2023$199,900 -9.10% Price Down
2/27/2023$219,900 -12.00% Price Down
11/9/2022$249,900 Listed Price

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550 Richmond Avenue, Syracuse, NY, 13204 is a Commercial Property for sale at $150,000 with 7,223 sqft and a lot size of 0.3. 550 Richmond Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 13204 which is in Syracuse, NY