3732 NY-31 Rt - Restaurant FOR SALE


Canastota, NY 13032
$699,900 USD
315-875-5355
3732 NY-31 Rt, Canastota, NY for Sale
$699,900 USD
Restaurant - FOR SALE
1/28
null | 6.9% Cap Rate

3732 NY-31 Rt
Canastota, NY 13032


HIGHLIGHTS

  • Moderate traffic, Lake Views, Near Several Marina's, Hidden Harbor Fishing rooms and minutes to several restaurants!
  • The property currently supports three potential business ventures!
  • Overlooking Oneida Lake, 4 Miles to Sylvan Beach & thew Lakehouse Casino, Other Casinos 12-15 mins to Turning Stone, Point Place or Yellow Brick Road!

OVERVIEW

Retail Spaces and Investment Opportunities Overlooking Oneida Lake - PROPERTY IS FOR SALE NOT BUSINESSES Spectacular Views and Retail Spaces Enjoy Breathtaking Views & Spectacular Sunsets Overlooking Oneida Lake with three distinct retail spaces, offering approximately 1,500 square feet. These include: • South Shore Nautical: A nautical store specializing in marine/boat parts and gifts. • South Shore Wines: A wine shop catering to enthusiasts and visitors. • Ice Cream Store: A popular destination for seasonal ice cream treats. All three businesses currently operate on a seasonal basis, providing a unique opportunity for both visitors and locals to enjoy a variety of retail experiences during peak times. Potential Uses for Retail Spaces There are several options for utilizing these retail spaces: • Maintain Current Operations: Continue renting the spaces as they are and collect rental income. • Winery Expansion: Transform the property into a winery by purchasing the land and grape vines located behind the retail spaces. The grape varieties include: • Whites: Frontenac, Blanc, Brianna, LA, and Crescent. • Reds: Frontenac, Frontenac Gris, and Marquette. • Wine Tasting Room: Establish a wine and wine tasting room, offering guests a relaxing atmosphere to enjoy local wines. • Brewery or Bar: Develop the spaces into a brewery or bar to attract a wider range of customers. • Other Retail Opportunities: The possibilities for retail development are endless, allowing for creative and diverse uses tailored to the needs of the community.

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$467 USD /SF

CAP RATE

6.9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

372 NY 31 - RETAIL PROPERTY FOR SALE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Morris

LAND ACRES

1.57 AC

LAND SF

68,389 SF

ZONING

Part res use

APN/PARCEL ID

253689-013-022-0001-018-000-0000

ASK ABOUT THIS PROPERTY

Janet GiacovelliRE Admin & Consulting, LLCMore Info
315-875-5355

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Janet GiacovelliRE Admin & Consulting, LLCMore Info
315-875-5355

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.