40 Genesee StNew Hartford, NY 13413

For Sale
$1,600,000

Iconic Landmark, 16,924 SF

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • $1,600,000 asking price for 16,924 SF of land and building.
  • Special purpose property located at 40 Genesee Street, New Hartford, NY 13413.
  • Includes a well-established restaurant with a long history in the community.
  • Features a large main dining area, three bars, and a 1,000 SF commercial kitchen.
  • Second floor offers two banquet rooms with a full commercial kitchen and two portable bars.
  • Basement includes 2,000 SF of storage, walk-in coolers, and prep area.

Location Insight

City
New Hartford
County
Oneida
State
New York
Latitude
43.073549
Longitude
-75.288236
40 Genesee St, New Hartford, New York
Leaflet | © OpenStreetMap contributors

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40 Genesee St
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