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    OFF-MARKET
    Manufacturing properties

    604 Seneca St, Manlius, NY 13104-1926

    6,489 SF 3.53 ac lot Built 1930
    Individually Owned 12-yr Hold Free & Clear
    Property ID
    US63-2039163
    Property summary
    AI-generated overview

    This unique investment opportunity encompasses a vibrant 16,314 square foot commercial complex situated on a generous 3.88-acre lot in the desirable Manlius, NY area. The property boasts seven buildings, currently housing a diverse range of nine fully leased retail and manufacturing spaces. Adding to its versatility, five 8x20 shipping containers (four equipped with power and ventilation) offer further expansion potential for future tenants or innovative business ventures. Significant recent updates and renovations have transformed key areas, including the Yard Event Center and Beer Garden, creating attractive spaces for both tenants and patrons. The property's creative layout includes an outdoor play area ("The Pier"), a Backyard Market area with ample storage beneath "The Pier," a greenhouse, two workshops, and a dedicated storage building. A significant advantage is the inclusion of a five-bedroom, two-bathroom residence with an attached garage. The current tenant mix is eclectic and includes a cafГ©, beer garden/lodge, coffee roaster, general store, gift shop, and glassblowing studio, ensuring a steady income stream. Ample parking is provided with a 90-space lot. The property enjoys a prime location, offering convenient walkability to downtown Manlius and proximity to Fayetteville-Manlius High School. Easy access to major roadways, including Routes 92, 173, 257, and East Genesee Street, enhances its accessibility. Showings are strictly by appointment for financially qualified buyers only.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1930
    Total area 6,489 SF
    Lot 3.53 ac (153,767 SF)
    Zoning code R2
    APN 313803 027.-01-04.1
    UPID US63-2039163
    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
    • Newish Home Decor Store Department Store
    • Moss & Mint Furniture & Home Goods Home Decor Store
    • Rooted Wildlings Garden Center Landscaping
    • The SingleCut Barn and Lodge Tap Room Production Facility Brewery & Distillery
    • Pilar Figueira Art Studio Art Studio
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    604 East Seneca Street Ll · 12 yrs held
    604 East Seneca Street Ll
    since 2013
    1 recorded transaction
    2013
    $285,000
    Zoning & alternative use
    R2 · Manlius, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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