The land and buildings occupied by longtime Italian specialty store Cappiello Foods Inc. is up for sale.
The property at 510 Broadway in Schenectady, near Edison Avenue and just off the Interstate 890 interchange, is listed for $525,000 on LoopNet. Overall, the sale would involve 20,000 square feet of land and 12,650 square feet of buildings.
While broker Peter Sciocchetti said the listing technically expired last week, a woman who answered the phone at Cappiello Foods this week confirmed the land and buildings are still for sale. She identified herself as vice president of the company, but declined to provide her name or speak to The Daily Gazette about what the sale could mean for the longtime Schenectady store.
The business was started by Francesco and Lucia Cappiello, who came to the U.S. from Sorrento, Italy, in the early 1920s. Francesco first landed in Millerstown, Pennsylvania, before moving his family to Schenectady in 1921 so he could work in a foundry at the former American Locomotive Co. By night, he cooked milk in 50-gallon copper kettles over a coal-fired boiler and, by day, Lucia delivered ricotta and mozzarella cheese to customers door-to-door around the region.
They were soon able to sell their cheeses and other Italian specialty products directly from a storefront at 510 Broadway. Today, second, third and fourth generations of the Cappiello family manage the retail business from the original storefront, according to the company’s website.
Over the years, the business expanded to include a dairy manufacturing operation nearby on Van Guysling Avenue, called F. Cappiello Dairy. But after years of struggling to keep the operation alive, the family sold the business to Wisconsin-based BelGioioso Cheese Inc. in 2011. Today, the two Cappiello operations — the retail storefront and the manufacturing operation — are completely separate.
BelGioioso officials confirmed this week they had no plans to sell the Schenectady manufacturing plant and had no information about the sale of the Broadway storefront.
“We are just happy neighbors,” said Tim Cronin, general manager at the BelGioioso Schenectady plant. “Our cheese manufacturing facility continues to be run by BelGioioso, and we’re doing a growing and thriving cheese business here in Schenectady.”
The real estate listing said five city lots totaling 20,000 square feet were up for sale. The retail storefront at 510 Broadway is only 2,500 square feet. The site is owned by Mary Cappiello, who also owns nearby properties at 502, 506 and 512 Broadway and 9 Edison Ave that altogether total 20,000 square feet, according to property records. The Broadway sites are each 2,500 square feet. The Edison Avenue site is 10,000 square feet.
An attorney for the Cappiellos did not respond to a request for comment.