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Property profile & analytics
OFF-MARKET Estimated value $605,000
Investment properties

315 Seneca St Manlius, NY 13104-1860

4,549 SF 0.12 ac lot Built 1829
Individually Owned 15-yr Hold Free & Clear
Property ID
US63-6232221
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1829
Total area 4,549 SF
Lot 0.12 ac (5,227 SF)
Zoning code C
APN 313803 025.-07-08.0
UPID US63-6232221
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Seneca Street Brew Pub Production Facility Brewery & Distillery
  • Wild Bird Center Bird Control Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$650k
Comparable Approach Comparable
$532k
Blend (final) Blend
$605k
Owner & transaction history
IV Ever Everland Entrps L · 15 yrs held
IV Ever Everland Entrps L
since 2011
2 recorded transactions
2011
$350,000
2007
$300,000
Zoning & alternative use
C · Manlius, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $485,000 +17.3%
Office building $480,000 +16.2%
Auto repair, garage $470,000 +12.9%
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