Excellent income-producing commercial investment opportunity at 2012–2018 Teall Avenue, Syracuse, NY. This multi-tenant commercial property offers immediate cash flow with a diverse mix of established tenants and additional income potential.The property is currently generating rental income from multiple commercial spaces, including a 1,200 sq. ft. fried fish restaurant leased at $850/month, two approximately 2,200 sq. ft. commercial units leased at $680/month and $980/month, plus additional storage rental income of $100/month. The property’s flexible layout and multiple tenancy provide stable income while offering opportunities for future rent growth and value enhancement.Ideally located on a high-visibility corridor with convenient access to downtown Syracuse and major transportation routes, this property is well-positioned for investors seeking a cash-flowing asset.
Directions: From I-81, take Exit 18 (Butternut Street). Head east on Butternut Street, then turn right onto Teall Avenue. Continue south approximately 0.7 miles. The property is located at 2012–2018 Teall Avenue on the left-hand side.
Property Details
Property Id: 1217974
Price: $ 250,000
Property Size:6,701.00 ft2
Property Lot Size:0.84 ac
Waterfront Y/N: No
Basement: None
Building Sq Ft Total: 6701
Building Features: DriveInDoors
Directions: From I-81, take Exit 18 (Butternut Street). Head east on Butternut Street, then turn right onto Teall Avenue. Continue south approximately 0.7 miles. The property is located at 2012–2018 Teall Avenue on the left-hand side.
Elementary School District: Lyncourt
Flooring: Concrete
Heating: Gas, Central, Gravity, HotWater
High School District: Lyncourt
Inclusions: Equipment, Land, Building and Business
Possible Use: Automotive, Other, Restaurant, Service, Warehouse
Postal City: Syracuse
Zip Code: 13206
Description: Excellent income-producing commercial investment opportunity at 2012–2018 Teall Avenue, Syracuse, NY. This multi-tenant commercial property offers immediate cash flow with a diverse mix of established tenants and additional income potential.The property is currently generating rental income from multiple commercial spaces, including a 1, 200 sq. ft. fried fish restaurant leased at $850/month, two approximately 2, 200 sq. ft. commercial units leased at $680/month and $980/month, plus additional storage rental income of $100/month. The property's flexible layout and multiple tenancy provide stable income while offering opportunities for future rent growth and value enhancement.Ideally located on a high-visibility corridor with convenient access to downtown Syracuse and major transportation routes, this property is well-positioned for investors seeking a cash-flowing asset.
Roof: Flat
StateOrProvince: NY
Stories: 1
Street Name: Teall
Street Number: 2018
Street Number Numeric: 2018
Street Suffix: Avenue
Total Taxes: 9846
Assessed Value: 200000
Town: Not Applicable
Utilities: SewerConnected
Year Built: 1930
YearBuiltDetails: Existing
Zoning: 03
Zoning Description: Commercial
Amenities and Features
Other Features
Basement Y/N
Has Cooling System
Has Heating System
Virtual Tour
Map
Courtesy Of : Keller Williams Syracuse
315-701-6900
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