Former Lauro's Restaurant
3177 Seneca Tpke
Canastota, NY 13032
Highlights
Description
Turnkey mixed-use commercial opportunity with strong Route 5 visibility in Canastota. Formerly Lauro’s Italian Restaurant, this 4,861± SF two-story property offers a fully built-out restaurant and bar on the main level with extensive FF&E and kitchen infrastructure in place, plus a residential unit above providing supplemental income. The building sits on 0.60± acres with on-site parking, municipal utilities, and CM zoning that supports a variety of commercial reuses including restaurant, retail, professional/medical office, or service.
Significant capital improvements have been completed in recent years, including updated HVAC, hot water systems, windows, and exterior porch work. The space is clean, well-maintained, and positioned for an owner-user or investor seeking a high-exposure location between Syracuse and Utica.
Seller financing is available for qualified buyers (terms dependent on down payment and overall structure).
Turnkey mixed-use commercial opportunity with strong Route 5 visibility in Canastota. Formerly Lauro’s Italian Restaurant, this 4,861± SF two-story property offers a fully built-out restaurant and bar on the main level with extensive FF&E and kitchen infrastructure in place, plus a residential unit above providing supplemental income. The building sits on 0.60± acres with on-site parking, municipal utilities, and CM zoning that supports a variety of commercial reuses including restaurant, retail, professional/medical office, or service.
Significant capital improvements have been completed in recent years, including updated HVAC, hot water systems, windows, and exterior porch work. The space is clean, well-maintained, and positioned for an owner-user or investor seeking a high-exposure location between Syracuse and Utica.
Seller financing is available for qualified buyers (terms dependent on down payment and overall structure).
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.
Documents
3177 Seneca Tpke Sale/ Lease BrochureUnits for Lease
Price Per Sqft/Year: $17.25
