Riverside Center up for sale

Story Created: Jul 15, 2010 at 1:01 PM EDT

Story Updated: Jul 15, 2010 at 1:32 PM EDT

UTICA, N.Y. (WKTV) - The Riverside Center in Utica is now up for sale.

Real Estate trade publications say the 670,000 square foot retail center is being listed for roughly $50 million.

The center, owned by the Syracuse-based Pyramid Companies, served as an indoor shopping mall from 1974 until having part of it torn down to make way for big box stores as a strip mall in 1998.

Part of the original mall still stands, but closed off and unused as stores.

Many stores have come and gone in the center since 1998, and is currently listed as being burdened by roughly $38 million of debt.
This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

What's On