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.
23,410 Sq Ft
5,285 Sq Ft Exterior Space
Commercial
$40,703 Annual Tax
Built in 1825
MLS/Listing ID S1610645
4 Stories
Heating - Gas
Membrane
Rubber
JACOB KIPPEN - 315-744-4043
Source of Data: NEW YORK STATE MLS