40 Genesee St New Hartford, NY 13413-2337
- Turn key restaurants
- 9,924 SF
- 0.25 lot acres
Jan 03, 2025
Current Use by Public Records
- Tom Cavallo's Restaurant / Family Restaurant
- ATM / Atm
Property Details for 40 Genesee St
- Year built
- 1970
- Lot size
- 0.25 lot acres
- Property size
- 9,924 SF
- Zone code
- 01 - NOT ZONED
- Property type
- Turn key restaurants
- APN
- 304801 329.014-2-14
- APU
- 304801329014214
Description
This exceptional commercial property, located at 40 Genesee Street in New Hartford, NY, presents a unique investment opportunity. For the first time in 75 years, the renowned Cavallo's Restaurant is available for acquisition. This established landmark boasts a rich history and strong community presence. The main floor features a large dining area with multiple rooms, accommodating various group sizes. Three bars—a main bar, a large deck bar, and a wine bar—cater to diverse clientele preferences. A state-of-the-art, 1,000 square foot commercial kitchen ensures efficient high-volume service. Upstairs, two elegant banquet rooms, complete with a full commercial kitchen and two portable bars, are perfect for weddings and large events. The substantial 2,000 square foot basement includes four walk-in coolers, ample dry storage, and a large prep area, ideal for supporting the restaurant's extensive menu and catering needs. The property encompasses a total of 16,924 square feet and is offered at $1,600,000. This is a rare chance to own a piece of New Hartford's history and a thriving, well-established business. The property is zoned for commercial use and is situated in Oneida County, NY, zip code 13413. This turnkey operation is ready for a new owner to continue its legacy.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Hartford
- County
- Oneida
- State
- New York
- Longitude
- -75.2883
- Latitude
- 43.0736
- CBSA code
- 46540
- CBSA name
- UTICA-ROME, NY METROPOLITAN STATISTICAL AREA
