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Property profile & analytics

363 Seneca Tpke Syracuse, NY 13207

  • Bars
  • 1,511 SF
  • 0.12 lot acres
For Sale
Last Sale
Jun 25, 2025
$235,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-3062523
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Bank of Onondaga / Bank
  • The Night Drop / Bar

Property Details for 363 Seneca Tpke

Year built
1940
Lot size
0.12 lot acres
Property size
1,511 SF
Zone code
10
Property type
Bars
Property subtype
Pubs
APN
311500 069.-06-02.0
APU
31150006906020

Description

This exceptional turnkey bar opportunity presents a rare chance to acquire a thriving business in Syracuse, NY's vibrant downtown. Located within the historic Bank of Onondaga building at 363 W Seneca Tpke, this 3,022 square foot establishment boasts a rich history of success, having operated as The Night Drop for the past nine years, and previously as The Remedy for forty years. This impressive 50+ year track record speaks volumes about the location's enduring appeal. The property sits on a 0.12-acre lot and is offered at $259,000. Significant recent improvements enhance both functionality and longevity. These include a complete overhaul of the electrical and plumbing systems, a new furnace, air conditioning unit, and a fully updated HVAC vent system. Half of the roof has been recently replaced, ensuring long-term structural integrity. Security is a key feature, with a robust hardwired and wireless 5-camera surveillance system in place. The sale includes all necessary equipment for immediate operation, eliminating the need for costly upfront investments. This comprehensive inventory includes an ice machine, bar coolers, a 4-keg kegerator, television, ATM, dart machine, pool table, jukebox, game machine, and a public address system. This is a low-cost entry point into the lucrative nightlife industry, offering a unique blend of classic charm and modern amenities. Don't miss this opportunity to own a piece of Syracuse history with a proven track record and a bright future.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $280,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Syracuse
County
Onondaga
State
New York
Longitude
-76.1527
Latitude
43.0017
CBSA code
45060
CBSA name
SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$15,000
$44,000
$59,000
-
$23,256
$68,217
$91,473
More about this property
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