315 Seneca St Manlius, NY 13104-1860
- Investment properties
- 4,549 SF
- 0.12 lot acres
Current Use by Public Records
- Seneca Street Brew Pub / Brewery / Event Venue
- Wild Bird Center / Bird Control Service
Property Details for 315 Seneca St
- Year built
- 1829
- Lot size
- 0.12 lot acres
- Property size
- 4,549 SF
- Zone code
- C
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 313803 025.-07-08.0
- APU
- 31380302507080
Description
This exceptional 6,469 square foot multi-use property, situated on a 0.12-acre lot at 315 E Seneca St in the charming Village of Manlius, NY, presents a unique investment opportunity. Currently configured as a thriving business with two one-bedroom apartments, a brewpub, a recreational room suitable for meetings or other gatherings, and separate retail space, this property offers remarkable versatility. The building also includes a sizable outdoor patio ideal for events and a private parking lot with capacity for 40 vehicles. The property has been meticulously maintained and has undergone significant renovations since 2011. Tenants currently operate on a month-to-month basis, providing flexibility for future plans. The property's adaptable layout allows for a multitude of uses, including continued operation as a mixed-use building, conversion to entirely retail space, or redesign to accommodate specific business needs. Whether seeking a showroom, office space, or a combination of commercial and residential uses, this property offers an exceptional opportunity in a tranquil and historic setting. The existing brewpub operation presents a turnkey opportunity for an established or aspiring craft brewer seeking a new location or expansion. This is a truly remarkable property with significant potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $355,000
- 6.5%
- $330,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $380,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $375,000
- Retail
- $375,000
- Mixed-Use
- $310,000
- Hospitality
- $325,000
- Educational
- $365,000
- Residential Income
- $280,000
- Energy
- $280,000
- Income-Based Land
- $315,000
- Food Service
- $360,000
Location Insight
- Map
- Local Demand
- City
- Manlius
- County
- Onondaga
- State
- New York
- Longitude
- -75.9759
- Latitude
- 43.0023
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA
