3231 Seneca TPKE Active Save Request In-Person Tour Request Virtual Tour
Canastota,NY 13032
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 17,040 sqft
Price per Sqft $117
MLS Listing ID S1605762
Construction Status Existing
HOA Y/N No
Year Built 1948
Annual Tax Amount $25,161
Lot Size 3.190 Acres
Acres 3.19
Lot Dimensions 233X641
Property Sub-Type Commercial
Property Description
This iconic and popular restaurant, known as Theodore's Restaurant, provides a TURNKEY opportunity to own a well established property on Seneca Turnpike (Route 5) between Canastota and Syracuse NY. This venue boasts 17,040 square feet and has served the community for over 45 years, being recognized as a local landmark. The restaurant, with four unique dining areas, including a bar and cocktail lounge, has ample event space. This includes 2 banquet/reception halls with each seating 150-200 people, one of which has a stage with new LED lighting to enhance live performances. With the great versatility of these rooms, you will find that they are suitable for a variety of events. These include wedding receptions, rehearsal dinners, baby/bridal showers, corporate meetings, celebration of Life, veteran brunches, class reunions, holiday parties, club meeting and graduation parties! Mother's Day 2025 weekend, the Dinner Theatre drew over 400 participants! All areas feature new LED lighting and chandeliers. The fully equipped State-of-the-Art commercial kitchen is ideal for large-scale catering and event hosting. The facility has 7 bathrooms. There is ample parking, too, accommodating over 250 cars.
Whether using this facility as a restaurant , event venue or redevelopment opportunity, you'll find the flexible multi-use potential, along with its accessible and highly visible location an asset. Its space, infrastructure and goodwill to support a wide variety of commercial uses, such as an EVENT CENTER, make this a gem of a venue and a golden opportunity for the buyer!!
Location
State NY
County Madison
Area Lenox-253689
Zoning CM
Direction From Chittenango- Rt. 5E, property will be the left From Canastota- Rt. 5W, property will be on the right
Rooms
Basement Partial
Interior
Heating Gas,Propane,Zoned,Baseboard,Forced Air
Cooling Zoned,Central Air
Flooring Carpet,Linoleum,Other,See Remarks,Vinyl
Inclusions Equipment,Inventory,Land and Building,Land, Building and Business
Fireplace No
Exterior
Utilities Available Electricity Connected,Sewer Connected
Roof Type Asphalt
Handicap Access Accessible Approach with Ramp
Total Parking Spaces 250
Building
Lot Description Irregular Lot
Building Description Blown-In Insulation,Concrete,Wood Siding, Other,See Remarks
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Blown-In Insulation,Concrete,Wood Siding
Construction Status Existing
Schools
High Schools Canastota High
School District Canastota
Others
Tax ID 253601-043-008-0001-003-000-0000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1605762