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Michael Slusser

michael@michaelslusser.com +1(680) 310-9567

$ 3,200,000

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New

329 W Fayette ST Syracuse, NY 13202

45,595 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Rent

Square Footage 45,595 sqft

Subdivision Mill Pond

MLS Listing ID S1723739

Construction Status Existing

HOA Y/N No

Year Built 1888

Annual Tax Amount $39,939

Lot Size 0.414 Acres

Acres 0.414

Lot Dimensions 87X205

Property Sub-Type Business

Property Description

Mill Pond Landing offers a compelling investment opportunity in the heart of Downtown Syracuse's desirable Armory Square District. Originally constructed in 1888, this historic four-story brick building offers approximately 31,000 square feet of office and retail space, combining timeless architectural character with modern amenities. The property features approximately 7,750 square feet per floor, a modern elevator, heating and air conditioning, and a rare 14–17-space gated parking area. Its prominent location places tenants within walking distance of Armory Square's restaurants, entertainment, hotels, retail, and downtown business community.

From an investment perspective, Mill Pond Landing offers an attractive combination of existing income, a highly desirable downtown location, and long-term value-add potential. The property's historic character, flexible floor plates, and mixed-use configuration of retail, office, and professional use provide opportunities for continued office and retail leasing, strategic repositioning, or potential alternative uses like owner-occupied investment.

Location

State NY

County Onondaga

Community Mill Pond

Area Syracuse City-311500

Zoning MX5

Rooms

Basement Storage Space

Interior

Heating Gas, Heat Pump

Cooling Heat Pump, Central Air

Inclusions Building Only

Fireplace No

Exterior

Utilities Available Sewer Connected

Roof Type Membrane,Rubber

Total Parking Spaces 17

Building

Lot Description Irregular Lot

Story 4

Sewer Public Sewer

Structure Type Block,Masonry

Construction Status Existing

Schools

School District Syracuse

Others

Tax ID 311500-101-000-0003-003-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1723739

Listed by Acropolis Realty Group LLC