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3177 Seneca Tpke 4,861 SF 100% Leased Retail Building Canastota, NY 13032 $399,000 ($82.08/SF)
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
Commercial building with excellent visibility on Seneca Turnpike in Canastota. Formerly Lauro’s Italian Restaurant, the property totals 4,861± SF 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 a 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.
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.
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
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,861 SF
Building Class
C
Year Built
1982
Price
$399,000
Price Per SF
$82.08
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.19
Lot Size
0.60 AC
Zoning
CM
Parking
32 Spaces (6.58 Spaces per 1,000 SF Leased)
Frontage
48’ on Seneca Tpke
Amenities
- Restaurant
- Wheelchair Accessible
- Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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
Parcel Number
253601-043-008-0001-001-013-0000
Land Assessment
$25,200
Improvements Assessment
$103,300
Total Assessment
$128,500
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3177 Seneca Tpke
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