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Listed price in listed location currency (USD).
$325,000

0012

MLS® S1670624

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 2501 sqft
Garage 
Taxes $6,357
Days Active 20
Lot Size 
Approx. Age 1970
Avg. Price Per Sqft $129
MLS® Number S1670624

Property Address: 246 Kinne St, East Syracuse, NY, 13057-2266

Average square foot calculated using Size range provided by listing agent.

Description

Positioned on a high-visibility corner in the Village of East Syracuse, this 2, 500 sq ft mixed-use commercial building offers a strong, stable investment opportunity with long-term tenancy already in place. The property is fully occupied by two established businesses—a neighborhood minimart and a hair salon—both of which have been reliable, long-term tenants. The salon has operated here since the building was originally constructed, and both tenants are current on rent, providing immediate and consistent cash flow from day one. Located at the corner of James Street and Kinne Street, the property benefits from excellent exposure, steady traffic, and strong walkability, with public transportation conveniently located right on the block. Large parking lot can accomodate 10-14 cars and there is abundant street parking as well. Current rents total $2, 710/month ($32, 520 annually), with tenants responsible for their own utilities, helping keep operating costs predictable. At the current asking price, the property operates at approximately a 7% cap rate based on current income and expenses. This is an ideal opportunity for investors seeking a low-maintenance property with dependable income and long-term upside in a well-established East Syracuse location.
MLS® NumberS1670624
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1970
BasementNone
DrivewayOn Site
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Apr 3, 2026List Date
$325,000List Price
  • Commute

Commute

Starting Address
Destination Address
246 Kinne St, East Syracuse, NY

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