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USANYSyracuse508 Westcott St
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508 Westcott St, Syracuse, NY

Real Estate

For Rent

Listed price in listed location currency (USD).
$2,762

0070

MLS® S1668119

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Lease
Size 7248 sqft
Garage No
Date Available 
Days Active 3
Approx. Age 1950
MLS® Number S1668119

Property Address: 508 Westcott St, Syracuse, NY, 13210-2549

Average square foot calculated using Size range provided by listing agent.

Description

Restaurant Space – Ideal for Wine Bar / Tapas Concept OPPORTUNITY: Position your concept in the heart of Syracuse’s most walkable and established neighborhood dining district. 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. 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. LEASE TERMS Rent: $15.00/SF Structure: As-is lease Requirements: Executed lease, Concept plan, Financials IDEAL USE (CURATED OPPORTUNITY): Ownership is seeking a concept that enhances—not duplicates—the existing district. Strongly Preferred: Wine bar, Tapas / small plates, Cocktail lounge, Dessert + beverage hybrid Positioning: A destination for pre-dinner, post-dinner, and evening social traffic WHY THIS LOCATION WORKS: Established Dining Corridor Westcott is already home to a diverse mix of restaurants, including: Italian (upscale dining), Mexican, Indian, Chinese, Korean, Mediterranean, Pizza, diners, coffee. Built-In Demand: Dense Syracuse University population, Graduate students + young professionals, Theater and nightlife traffic, Walkable neighborhood with strong local identity 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 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 Ideal Use: Ownership will prioritize concepts that are beverage-forward and not entrée-dominant.
MLS® NumberS1668119
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1950
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building Only

Price History

-End Date
Not Leased YetSold Price

For Rent

Mar 20, 2026List Date
$2,762List Price
  • Commute

Commute

Starting Address
Destination Address
508 Westcott St, Syracuse, NY

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