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a Charlotteville Realty Team

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607-282-6242kevin@homesfarmsandland.com

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Property at 246 Kinne Street, DeWitt, NY 13057
IN ESCROW
0
$325,000

246 Kinne StreetDeWitt, NY, 13057

2,501 SqFt0.37 Acres
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.
1 / 29

Est. Monthly

$1,540/mo

$325,000

246 Kinne Street, DeWitt, NY

2,501 SqFt0.37 Acres

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.

StatusIn Escrow
Property TypeCommercial Sale
Property SubtypeCommercial
Year Built1970
Days on Market53 days

Est. Monthly Payment

$1,540.49

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

246 Kinne Street

DeWitt, NY 13057 • Onondaga
—
Beds
—
Baths
2,501
SqFt
0.37
Acres
Status
In Escrow
Property Type
Commercial Sale
Property Subtype
Commercial
Year Built
197056 years ago
Days on Market
53 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $6,357
Property History
  • Listed for sale
    Apr 3, 2026 • NYSAMLS • S1670624
    $325,000
Mortgage Calculator
Estimated monthly payment for this property
$1,540.49
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    S1670624
  • Listing Office
    Hunt Real Estate ERA
  • Last Updated
    6 days ago

Climate & Systems

  • Heating
    • Gas
    • Forced Air

Interior Features

  • Flooring
    • Linoleum
    • Vinyl
  • Basement
    None

Parking

  • Parking Features
    On Site
  • Parking Spaces
    12

Lot & Grounds

  • Lot Size
    0.37 acres
  • Lot Features
    • Rectangular
    • Rectangular Lot

Type

  • Property Type
    Commercial Sale
  • Property Subtype
    Commercial

Structure

  • Construction
    Brick
  • Roof
    Flat

Condition

  • Year Built
    1970
  • Condition
    Resale
  • Days on Market
    53 days
  • Water
    None
  • Sewer
    Public Sewer
  • Utilities
    • Electricity Connected
    • Sewer Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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