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INVESTMENT HIGHLIGHTS
- 4,861± SF on 0.60 acres
- Fully equipped kitchen and bar
- High-visibility Route 5 location, Minutes from NYS Thruway Exit 34
- Turnkey restaurant with apartment above
- Flexible CM zoning – restaurant, office, or retail
- New HVAC, windows, porch, and hot water systems
EXECUTIVE SUMMARY
Located along busy Seneca Turnpike (Route 5) in the Village of Canastota, this property offers excellent visibility and access less than two miles from the NYS Thruway (Exit 34). The site is surrounded by restaurants, retail, and service businesses, creating strong synergy for a range of commercial uses. With municipal utilities, ample on-site parking, and steady traffic flow, this highly accessible location connects Syracuse and Utica and benefits from nearby employers, schools, and attractions such as the International Boxing Hall of Fame and Turning Stone Resort Casino.
PROPERTY FACTS
AMENITIES
- Restaurant
- Wheelchair Accessible
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Turnkey commercial building with excellent visibility on Seneca Turnpike in Canastota. Formerly Lauro’s Italian Restaurant, the property totals 4,938± SF with a fully equipped restaurant and bar on the main level and a one-bedroom apartment above providing additional income. Recent upgrades include new furnaces, A/C units, hot water systems, windows, and porch. The 0.60-acre site offers on-site parking, municipal utilities, and flexible CM zoning suitable for restaurant, medical, office, or retail use. Ideal for an owner-operator or business seeking a move-in-ready space in a high-traffic corridor between Syracuse and Utica.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,861 SF | Restaurant | Outparcel | 30 Days |
1st Floor
| Size |
| 4,861 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| 30 Days |
1st Floor
| Size | 4,861 SF |
| Space Use | Restaurant |
| Position | Outparcel |
| Available | 30 Days |
Turnkey commercial building with excellent visibility on Seneca Turnpike in Canastota. Formerly Lauro’s Italian Restaurant, the property totals 4,938± SF with a fully equipped restaurant and bar on the main level and a one-bedroom apartment above providing additional income. Recent upgrades include new furnaces, A/C units, hot water systems, windows, and porch. The 0.60-acre site offers on-site parking, municipal utilities, and flexible CM zoning suitable for restaurant, medical, office, or retail use. Ideal for an owner-operator or business seeking a move-in-ready space in a high-traffic corridor between Syracuse and Utica.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 253601-043-008-0001-001-013-0000 | Improvements Assessment | $103,300 |
| Land Assessment | $25,200 | Total Assessment | $128,500 |
PROPERTY TAXES
Presented by
3177 Seneca Tpke
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