$1,999,900
About this home
This iconic and popular restaurant, known as Theodore's Restaurant, provides a TURNKEY opportunity to own a well established property on Seneca Turnpike (Route 5) between Canastota and Syracuse NY. This venue boasts 17, 040 square feet and has served the community for over 45 years, being recognized as a local landmark. The restaurant, with four unique dining areas, including a bar and cocktail lounge, has ample event space. This includes 2 banquet/reception halls with each seating 150-200 people, one of which has a stage with new LED lighting to enhance live performances. With the great versatility of these rooms, you will find that they are suitable for a variety of events. These include wedding receptions, rehearsal dinners, baby/bridal showers, corporate meetings, celebration of Life, veteran brunches, class reunions, holiday parties, club meeting and graduation parties! Mother's Day 2025 weekend, the Dinner Theatre drew over 400 participants! All areas feature new LED lighting and chandeliers. The fully equipped State-of-the-Art commercial kitchen is ideal for large-scale catering and event hosting. The facility has 7 bathrooms. There is ample parking, too, accommodating over 250 cars. Whether using this facility as a restaurant , event venue or redevelopment opportunity, you'll find the flexible multi-use potential, along with its accessible and highly visible location an asset. Its space, infrastructure and goodwill to support a wide variety of commercial uses, such as an EVENT CENTER, make this a gem of a venue and a golden opportunity for the buyer!!
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
- Real estate (PITI + HOA + PMI)
- $14,417
- Utilities
- $8,399
- Transportation
- $0
- Other (entertainment)
- $133
Quick facts
At a glance
Home features
Lot features
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Schools
Neighborhood — 13032
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 15,247 | 19,351,094 | 299,088,112 |
| Population Change Since1990 | 1.00% | 8.00% | 20.00% |
| Population Density | 181 | 395 | — |
| Male | 7,511 | 9,381,926 | 147,432,321 |
| Female | 7,736 | 9,969,168 | 151,655,844 |
| Never Married | 2,877 | 4,946,391 | 63,775,926 |
| Married | 6,949 | 7,166,701 | 123,120,365 |
| Separated | 610 | 1,159,673 | 12,639,686 |
| Widowed | 877 | 1,110,245 | 15,467,586 |
| Divorced | 1,220 | 1,210,448 | 23,075,029 |
| Number Of House Hold | 5,553 | 7,102,016 | 111,826,380 |
| Average House Hold Size | 2.69 | 2.64 | 2.60 |
| Medial Age | 39.48 | 36.53 | 35.46 |
| Median House Hold Income | $46,544 | $49,847 | $48,276 |
| Average House Hold Income | $53,479 | $70,032 | $63,629 |
| P C I | $20,076 | $26,569 | $24,529 |
| M D I | $40,005 | $42,210 | $41,133 |
| A T H E | $45,704 | $54,185 | $50,898 |
| S T R | 8.00% | 4.00% | — |
| W C J | 78.17% | 81.55% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Listing information last refreshed 5/22/2025. Provided courtesy of Hunt Real Estate ERA via Buffalo MLS. Information deemed reliable but not guaranteed.