Syracuse Flex & Event Center

Investment Overview

647 W Genesee Street offers a rare opportunity to acquire a 37,170 +/- SF free-standing commercial building on 1.45 +/- acres in Syracuse, NY. Formerly an automobile dealership/showroom, the property is being repositioned into a flexible multi-tenant commercial asset with showroom, flex, service, storage, event, and owner-user potential. Ownership has completed and/or commenced major improvements, including a new roof, new front showroom windows, interior painting, updated finishes, planned ceiling work, insulation upgrades, HVAC improvements, bathroom renovations, and other modernization efforts. The property features high ceilings, overhead doors, large open areas, strong visibility, and ample on-site parking. Existing month-to-month tenancy provides flexibility for a buyer to keep income in place, renegotiate leases, pursue rental upside, or reclaim space for their own use. Potential owner lease-back income may also be available through the planned event/banquet concept, The Giselle Manor.

Investment Highlights

• 37,170 +/- SF free-standing building
• 1.45 +/- acre parcel with on-site parking
• Former automobile dealership/showroom
• Flexible multi-tenant commercial layout
• High ceilings and large open areas
• Overhead / grade-level doors
• Major 2025 renovations underway
• High-visibility Syracuse location