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3177 Seneca Tpke 4,861 SF of Retail Space Available in Canastota, NY 13032
Highlights
- • Turnkey restaurant with apartment above
- • High-visibility Route 5 location Minutes from NYS Thruway Exit 34
- • Available for sale or lease
- • Fully equipped kitchen and bar Flexible CM zoning – restaurant, office, or retail
- • New HVAC, windows, porch, and hot water systems
- • On-site parking and municipal utilities
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,861 SF | Negotiable | $17.25 /SF/YR $1.44 /SF/MO $83,852 /YR $6,988 /MO | Modified Gross |
1st Floor
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.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 4,861 SF | Gross Leasable Area | 4,861 SF |
| Property Type | Retail | Year Built | 1982 |
| Property Subtype | Restaurant | Parking Ratio | 6.58/1,000 SF |
| Total Space Available | 4,861 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,861 SF |
| Year Built | 1982 |
| Parking Ratio | 6.58/1,000 SF |
About the Property
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.
- Restaurant
- Wheelchair Accessible
- Air Conditioning
Nearby Major Retailers
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3177 Seneca Tpke
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