SYRACUSE — The office building located at 404 Oak St. in Syracuse was recently sold to LJR Properties, LLC, a real-estate development company.
LJR Properties will occupy a portion of the 19,305-square-foot building and lease the remaining space to other tenants, according to a news release from CBRE/Syracuse, a commercial real-estate firm.
Marty Dowd, senior broker at CBRE/Syracuse, was the exclusive listing agent in the sale and RE/MAX Realty Plus represented the buyer.
CBRE/Syracuse did not disclose the final sale price or other financial terms of the transaction.
The 2.5 story masonry and glass professional office building, situated on 1.27 acres of land, was listed for sale at $350,000, according to a marketing flyer on the CBRE website.
The property’s features include 65 paved parking spaces, a flexible floor plan, and street-level access to both the first and second floors.