Prime Mixed-Use Investment Opportunity in the Heart of Downtown Syracuse!
Welcome to 121-129 W Fayette Street – a standout property offering the perfect blend of commercial potential and residential income in one of Syracuse’s most vibrant downtown corridors.
This well-maintained, mixed-use building features approximately 5,300 square feet of street-level commercial space, ideal for retail, office, or hospitality use. With prominent frontage on busy W Fayette Street & Clinton St, the commercial unit benefits from high visibility, heavy foot traffic, and easy access to nearby amenities, making it a compelling choice for owner-users or tenants alike.
Above the commercial space are 13 residential apartments, consisting of a mix of 1- and 2-bedroom units. Each apartment offers comfortable layouts, updates, and strong rental demand, providing a steady stream of income. The building’s upper floors enjoy city views and close proximity to downtown employers, entertainment venues, and public transportation.
Whether you're an investor seeking a high-yield property, or a business owner looking to operate below your rental income stream, this property delivers flexibility and long-term upside in a growing market.
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Listing Snapshot
Price
$3,500,000
Days On Site
11 Days
Bedrooms
N/A
Inside Area (SqFt)
23,410 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1213 Acres
Year Built
1825
MLS® Number
S1610645
Status
Active
Property Tax
$40,703
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
2 weeks ago
Listing first seen on site
2 weeks ago
Listing updated with changes from the MLS®
General Features
Acres
0.1213
Cross Street
Clinton St
Number Of Stories
4
Property Sub Type
Office
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
23410
Utilities
Sewer ConnectedWater Connected
Water Source
Public
Zoning
Com
Interior Features
Cooling
Central Air
Heating
Natural GasForced Air
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Exterior Features
Construction Details
Other
Lot Features
Rectangular Lot
Roof
MembraneRubber
Community Features
Financing Terms Available
Cash
MLS Area
Syracuse City-311500
School District
Syracuse
Township
Not Applicable
Schools
School District
Syracuse
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Jacob Kippen of Rooftop Realty Group LLC 3157444043
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.