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363 W Seneca Tpke

1,609 SF Retail Building Syracuse, NY 13207 £216,580 (£135/SF)

Executive Summary

Prime investment opportunity! Fully functioning bar still doing business. Take a chance to make this place your own. Liquor license in place and seller would consider new owner operation under his license until new owner received their temporary certificate.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Business Value Included
Property Type
Retail
Property Subtype
Bar
Building Size
1,609 SF
Building Class
C
Year Built/Renovated
1940/2019
Price
£216,580
Price Per SF
£135
Tenancy
Single
Number of Floors
1
Slab to Slab
15 ft
Building FAR
0.32
Land Acres
0.12 AC
Zoning
010 - Zoning is 010, Site is Com 1 and Property Class is 425 - Bar
Parking
10 Spaces (6.22 Spaces per 1,000 SF Leased)
Frontage
60 ft on Seneca Tpke

Amenities

  • Bus Route
  • Courtyard
  • Fenced Lot
  • Security System
  • Tenant Controlled HVAC
  • Accent Lighting
  • Air Conditioning
  • Smoke Detector

About 363 W Seneca Tpke , Syracuse, NY 13207

Turnkey Bar Opportunity in Historic Bank of Onondaga Building! Seize the opportunity to own a thriving bar in a location with a rich history of success! This bar, currently known as The Night Drop, has been a local favorite for the past 9 years. Prior to that, it was home to The Remedy, a staple of the community for 40 years. That’s over 50 years of proven success in this prime spot! Located in the historic Bank of Onondaga building, this bar combines classic charm with modern updates. Recent improvements include all-new electrical and plumbing systems, a new furnace, AC, and a complete HVAC vent system. Half of the roof has been replaced, ensuring long-term stability. Security is top-notch with a hardwired and wireless 5-camera surveillance system.The sale includes all the equipment you need to hit the ground running: an ice machine, bar coolers, a 4-keg kegerator, TV, ATM, dart machine, pool table, jukebox, game machine, and a PA system. With all the updates and equipment already in place, this bar is the perfect low-cost entry into the nightlife industry for a savvy entrepreneur. Don’t miss out on owning this piece of history with a bright future!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
311500-069-000-0006-002-000-0000
Land Assessment
£11,835
Improvements Assessment
£34,716
Total Assessment
£46,551
  • Listing ID: 33743543

  • Date on Market: 04/11/2024

  • Last Updated:

  • Address: 363 W Seneca Tpke, Syracuse, NY 13207

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