3231 Seneca Turnpike Lenox, NY $ 1,390,000
3231 Seneca Turnpike
$ 1,390,000
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3231 Seneca Turnpike

Lenox, NY, 13032
$ 1,390,000
Bedrooms-- Baths-- Sq 17,040

Monthly Estimate*

$ 8,558

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Commercial Property for sale in Lenox, NY for $1,390,000. This 17,040 square foot building was built in 1948 on a lot size of 3.19.

SIGNIFICANT PRICE REDUCTION- Now available at a dramatically reduced price, this iconic, fully operational property—currently home to Theodore’s Restaurant—is a rare opportunity in a high-visibility location on Seneca Turnpike (Route 5) between Canastota and Syracuse, NY. Boasting over 17,000 square feet of interior space and parking for 250+ vehicles, the site is perfectly suited for a wide range of uses, including a premier event center, banquet facility, catering operation, or entertainment venue. The existing layout includes multiple dining areas, a bar/lounge, and two large banquet halls with staging and modern lighting—ideal for hosting weddings, performances, and corporate events. With over 45 years of community presence, the property is well-known and turn-key ready for continued restaurant use or expanded operations. Its flexible zoning and infrastructure also support future redevelopment as a brewery, distillery, or multi-use commercial center. A standout value at the new price—perfect for entrepreneurs, investors, and visionaries.

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Commercial Active

Price

$ 1,390,000

Property Type

Commercial

Taxes

$ 25,161

Style

Commercial

Lot Size

3.19

Year Built

1948

Town/City

Lenox

County/Region

MADISON

MLS | Web ID

S1605762

Features
General
Sewer PublicSewer
Heating Gas Propane Zoned Baseboard ForcedAir
Cooling Zoned CentralAir
Utilities ElectricityConnected SewerConnected
Possession CloseOfEscrow
Roof Asphalt
Zoning CM
Construction Materials BlownInInsulation Concrete WoodSiding
School District Canastota
Year Built 1948
Stories Count 1
Township Not Applicable
Levels One
Property Subtype Commercial
Business Type Restaurant
Accessibility AccessibleApproachWithRamp
Business Name Theodore's
County Madison
Property Type CommercialSale
Possible Use Restaurant
Building Features Other SeeRemarks
Status Active
Directions From Chittenango- Rt. 5E property will be the left From Canastota- Rt. 5W property will be on the right
High School Canastota High
City Lenox
High School District Canastota
Zoning Description Commercial
Number Of Units Total 0
MLS Area Lenox-253689
Lot Size Units Acres
Lot Size Square Feet 138956.0
Year Built Details Existing
Tax Annual Amount 25161.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1605762 https://www.propertypanorama.com/instaview-tour/syr/S1605762
Standard Status Active
Middle/Junior School District Canastota
Elementary School District Canastota
Tax Assessed Value 704412
TaxOtherAnnualAssessmentAmount 0.0
Property Sub Type Additional Commercial
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Interior
Basement Partial
Flooring Carpet Linoleum Other SeeRemarks Vinyl
Total Fireplaces 0
Total Stories 1
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features OnSite
Lot Features IrregularLot
Total Parking 250.0
Inclusions Equipment Inventory Land and Building Land Building and Business
Lot Size Area 3.19
Number of Buildings 1
Building Area Total 17040.0
Lot Dimensions 233X641
Lot Size Acres 3.19
Waterfront Y/N No
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Internal Only
Street Number 1 3231
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* Excluded Features
List By
Hunt Real Estate Era

Broker

(315) 446-4681

Phone

Affordability Calculator

$10,655
Per Month
80%
20%
0%
Monthly Principal & Interest
$8,558
Monthly Property Taxes
$2,097
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3038112 Elementary School
3038341 Middle School
Canastota High High School
Pricing History
DatePricePrice ChangeDescription
10/10/2025$1,390,000 -30.50% Price Down
5/22/2025$1,999,900 Listed Price

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3231 Seneca Turnpike, Lenox, NY, 13032 is a Commercial Property for sale at $1,390,000 with 17,040 sqft and a lot size of 3.19. 3231 Seneca Turnpike was built in 1948. The property's zip code is 13032 which is in Lenox, NY