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    3328 Seneca Tpke Canastota, NY 13032

    Sponsored
    For Sale
    $600,000

    High-traffic location, versatile space, great visibility.

    Property size:
    5,240 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 5,240 square foot commercial building presents a unique investment opportunity in Canastota, NY. Situated on a 1.62-acre lot at a signalized intersection on high-traffic NY State Route 5, this property boasts unparalleled visibility and accessibility. The masonry structure features a desirable 11+ foot clear span and overhead doors, making it suitable for a wide range of commercial uses. Currently configured for automotive sales and service, its adaptable layout has previously accommodated grocery, office retail, and pre-school operations, demonstrating its versatility. The property includes a paved lot providing ample on-site parking for 20+ vehicles. Its strategic location adjacent to an ALDI market further enhances its appeal. The convenient proximity to the New York State Thruway (Exit 34, just one mile away) ensures easy access for customers and employees alike. This property offers significant potential for a variety of businesses seeking a prominent location with excellent visibility and ample parking in a thriving community. The substantial size and adaptable design make it an ideal choice for businesses requiring significant space and convenient access. This is a rare opportunity to acquire a well-located, versatile commercial property with a proven track record of success.

    Property Features for 3328 Seneca Tpke

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,240 SF
    Lot Size
    70,567 SF

    Building Details

    Year Built
    1983
    Location Intelligence

    Current Use by Public Records

    Motorhead Auto Sales ... Used Car Dealer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Canastota
    County
    Madison
    State
    New York
    Longitude
    -75.7563
    Latitude
    43.06876

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, versatile space, great visibility.
    Where is this commercial real estate located?
    The property is located at 3328 Seneca Tpke Canastota, NY.
    What is the asking price?
    The asking price for this property is $600,000.
    (315) 697-3400
    Request Owner's contact information
    3328 Seneca Tpke Canastota, NY 13032
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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
    3328 Seneca Tpke Canastota, NY 13032
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