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    8390 Seneca Tpke New Hartford, NY 13413

    For Lease
    $1,100,000

    COMMERCIAL - New Hartford, NY

    Property size:
    4,496 SF
    Lot size:
    0.57 Acres
    Days on Market:
    333
    Last Refresh:
    Dec 15 at 3:06 am

    Property Features for 8390 Seneca Tpke

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    APN
    304889-328-011-0001-003-000-0000
    Parking
    55
    Size
    4,496 SF
    Lot size
    0.57 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1952
    Floors in Building
    3
    Roof type
    Membrane, Rubber, Asphalt

    Faith Properties, Inc. (315) 447-1351 [email protected]

    Listing agent Joelle Sebastian-Dean (315) 735-2222 License #10301219141

    Listing date Jan 17, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant Opportunity in New Hartford

    This 4,500-square-foot commercial property in New Hartford, NY, presents a rare opportunity for restaurant, catering, and banquet businesses. Established in 1983, Michael T's Restaurant has a rich heritage and has received accolades for its food. The property is situated in a prime location with excellent visibility and foot traffic. The building is suitable for a restaurant and banquet business. The owner is offering the property for sale or lease. The lot size is 0.57 acres. The current owner is retiring after four decades of success.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Michael T's Italian-American ... Caterer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    A Moveable Feast By O'Connors, The Original Kittys, Feast & Festivities by O'Connors, Eat Well

    Location Insight

    • Map
    • Local Demand
    City
    New Hartford
    County
    Oneida
    State
    New York
    Longitude
    -75.311668
    Latitude
    43.07783

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    FAQs

    What type of property is this?
    Restaurant - Thriving restaurant with 40+ years of success in prime location.
    Where is this restaurant located?
    The property is located at 8390 Seneca Tpke New Hartford, NY.
    What are key features of this property?
    This property features: - Established restaurant with 40+ years of success and a strong reputation.; - Prime location with excellent visibility and foot traffic.; - 4,500-square-foot building suitable for restaurant, catering, and banquet business.
    (315) 735-2222
    Request Owner's contact information
    8390 Seneca Tpke New Hartford, NY 13413
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8390 Seneca Tpke New Hartford, NY 13413
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