246 Kinne ST, East Syracuse, NY 13057
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246 Kinne ST, East Syracuse, NY 13057
246 Kinne ST, East Syracuse, NY 13057
246 Kinne ST, East Syracuse, NY 13057
246 Kinne ST, East Syracuse, NY 13057
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Judy Hinman

Judy Hinman

+1(315) 794-8305
$ 325,000
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Pending

246 Kinne ST East Syracuse, NY 13057

2,501 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 2,501 sqft

Price per Sqft $129

Subdivision Town/Dewitt

MLS Listing ID S1670624

Construction Status Existing

HOA Y/N No

Year Built 1970

Annual Tax Amount $6,357

Lot Size 0.370 Acres

Acres 0.37

Lot Dimensions 104X150

Property Sub-Type Commercial

Property 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.

Location

State NY

County Onondaga

Community Town/Dewitt

Area East Syracuse-Village-312601

Zoning 05

Rooms

Basement None

Interior

Heating Gas, Forced Air

Cooling Central Air

Flooring Linoleum, Vinyl

Inclusions Land and Building

Fireplace No

Exterior

Utilities Available Electricity Connected, Sewer Connected

Roof Type Flat

Total Parking Spaces 12

Building

Lot Description Rectangular, Rectangular Lot

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Brick

Construction Status Existing

Schools

School District East Syracuse-Minoa

Others

Tax ID 312601-002-000-0001-001-000-0000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1670624

Listed by Hunt Real Estate ERA

NEARBY SCHOOLS & PROPERTIES

Judy Hinman

Judy Hinman

Lic. RE Salesperson | License ID: 40HI1104699

+1(315) 794-8305

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