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321 W Fayette Street Syracuse, NY $ 650,000
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$ 650,000 Get more info
321 W Fayette Street
$ 650,000
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321 W Fayette Street

Syracuse, NY, 13202
$ 650,000
Bedrooms-- Baths-- Sq 8,392

Monthly Estimate*

$ 4,055

321 W Fayette Street, Syracuse, NY 13202 - Image 1

Commercial Property for sale in Syracuse, NY

for $650,000. This 8,392 square foot building was built in 1820 on a lot size of 0.0545.

Introducing 321 W Fayette Street – a unique and income-producing mixed-use property located in the heart of Downtown Syracuse, just steps from Armory Square. This well-known building is home to a long-established Syracuse bar on the ground floor, a local staple with steady foot traffic and a loyal following. Above the bar, the second and third floors offer a total of 20 single-room occupancy (SRO) boarding rooms, providing consistent rental income. The rooms share common bathrooms and are ideal for workforce or transitional housing. With strong demand for affordable downtown lodging, this property delivers reliable cash flow with room for management and operational improvement.

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Commercial Active

Price

$ 650,000

Property Type

Commercial

Taxes

$ 11,295

Style

Lot Size

0.0545

Year Built

1820

Town/City

Syracuse

County/Region

Onondaga

MLS | Web ID

S1610669
Features
General
Sewer PublicSewer
Heating Gas ForcedAir
Cooling CentralAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Membrane Rubber
Zoning Com
School District Syracuse
Year Built 1820
Stories Count 2
Township Not Applicable
Levels Two
County Onondaga
Property Type CommercialSale
Subdivision Name Mill Pond
Total Rooms 12
Status Active
City Syracuse
High School District Syracuse
Zoning Description Commercial
Number Of Units Total 0
MLS Area Syracuse City-311500
Lot Size Units Acres
Lot Size Square Feet 2376.0
Year Built Details Existing
Tax Annual Amount 11295.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Syracuse
Elementary School District Syracuse
Tax Assessed Value 240000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 4
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Interior
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Lot Features Rectangular RectangularLot
Water Source Public
Total Parking 1.0
Inclusions Land and Building
Lot Size Area 0.0545
Number of Buildings 1
Building Area Total 8392.0
Lot Dimensions 24X99
Lot Size Acres 0.0545
Waterfront Y/N No
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Internal Only
Street Number 1 321
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* Excluded Features
List By
Rooftop Realty Group Llc

Broker

(315) 744-4043

Phone

Affordability Calculator

$4,996
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,055
Monthly Property Taxes
$941
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
247387 Elementary School
247878 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/5/2025$650,000 Listed Price

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321 W Fayette Street, Syracuse, NY, 13202 is a Commercial Property for sale at $650,000 with 8,392 sqft and a lot size of 0.0545. 321 W Fayette Street was built in 1820. The property's zip code is 13202 which is in Syracuse, NY

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