Active
508 Westcott Street, Syracuse NY 13210
MLS# S1668119
$2,762
Price
-
Beds
-
Baths
7,248
Living Area (Sq.Ft.)
0.111
Lot Area (Acres)
$2,762
Price
-
Beds
-
Baths
7,248
Living Area (Sq.Ft.)
0.111
Lot Area (Acres)
Restaurant Space – Ideal for Wine Bar / Tapas Concept <br> <br>OPPORTUNITY: Position your concept in the heart of Syracuse’s most walkable and established neighborhood dining district. <br> <br>508 Westcott Street offers a rare opportunity to introduce a wine-forward, small plates, or cocktail-driven concept in a location currently lacking a dedicated pre/post-dinner social destination. <br> <br>THE SPACE: Former restaurant (existing infrastructure in place), Highly visible storefront on Westcott Street, Surrounded by dense residential + student population, Steps from Westcott Theater and neighborhood anchors, Strong pedestrian traffic day and night. <br> <br>LEASE TERMS <br>Rent: $15.00/SF <br>Structure: As-is lease <br>Requirements: Executed lease, Concept plan, Financials <br> <br>IDEAL USE (CURATED OPPORTUNITY): Ownership is seeking a concept that enhances—not duplicates—the existing district. <br> <br>Strongly Preferred: Wine bar, Tapas / small plates, Cocktail lounge, Dessert + beverage hybrid <br> <br>Positioning: A destination for pre-dinner, post-dinner, and evening social traffic <br> <br>WHY THIS LOCATION WORKS: Established Dining Corridor <br> <br>Westcott is already home to a diverse mix of restaurants, including: Italian (upscale dining), Mexican, Indian, Chinese, Korean, Mediterranean, Pizza, diners, coffee. <br> <br>Built-In Demand: Dense Syracuse University population, Graduate students + young professionals, Theater and nightlife traffic, Walkable neighborhood with strong local identity <br> <br>Clear Market Gap: No dedicated wine/tapas concept, Limited evening social venues, No strong pre/post-dinner destination ?? This space is uniquely positioned to fill that gap <br> <br>STRATEGIC ADVANTAGE: Unlike traditional restaurant opportunities, this location is best suited for a concept that: Complements existing operators rather than competes, Captures incremental traffic (before and after meals), Creates a social anchor for the neighborhood <br> <br>Ideal Use: Ownership will prioritize concepts that are beverage-forward and not entrée-dominant.
Status
Active
Property Type
CommercialLease
Property Sub Type
--
Year Built
1950
Parcel Number
311500-046-000-0006-006-000-0000
Unit Number
--
Lot Features
Rectangular, Rectangular Lot
Levels
One
Lot Size Dimensions
40X120
Stories
1
Property Condition
Resale
Elementary School District
Syracuse
Middle Or Junior School District
Syracuse
High School District
Syracuse
Location
Listing Agent
Norman E. Roth
Listing Office
University Hill Realty Ltd
Owner Name
--
Owner Phone
--
Possession
RentalAgreement
Special Listing Conditions
Standard
Listing Terms
Lease Option
Documents Available
Lease
Listing Agreement
ExclusiveRightToLease
Listing Contract Date
2026-03-20
Fire Places Total
0
Cooling
true
Cooling Features
CentralAir
Heating
true
Heating Features
Electric, Gas, Central, Hot Water
Garage
--
Garage Spaces
--
Water Source
Public
Sewer
PublicSewer
Roof
Flat
Utilities
Sewer Connected, Water Connected
Parking Total
70
Construction Materials
Other
No schools found
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
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Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.