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    212 Main St Otego, NY 13825

    Sponsored
    For Sale
    $295,000

    Commercial - Otego, NY

    Property size:
    7,830 SF
    Lot size:
    3.60 Acres
    Days on Market:
    201
    Last Refresh:
    Jan 5 at 1:06 pm

    Property Features for 212 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Kitchen
    APN
    364801-317.019-0001-064.000
    Parking features
    Garage, Garage - Attached
    Basement Y/N
    1
    Size
    7,830 SF
    Lot size
    3.60 Acres

    Utilities

    Heating system
    Baseboard, Propane (Heating)

    Building Details

    Year built
    1975
    Year renovated
    1975
    Building materials
    Brick, Wood Siding
    Roof type
    Asphalt
    Architectural style
    Other

    BENSON AGENCY REAL ESTATE LLC (607) 432-4391

    Listing agent Rodger B Moran (607) 432-4391

    Listing date Jun 19, 2025

    MLS# 11341413 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant and Apartments on 3.6 Acres

    This commercial property, situated on 3.6 acres in Central New York off Interstate 88 and NY-7, presents an opportunity for various business ventures. The location offers curb-side visibility, ample parking, and convenient access. The property includes a restaurant with 5,179 square feet above grade and an additional 2,954 square feet below grade, totaling 8,133 square feet for the restaurant space. The below-grade area features walk-in coolers and prep/work areas. Additionally, there are three residential apartments with sizes of 635 square feet, 740 square feet, and 1,276 square feet, providing immediate income potential. The total building square footage is 7,830 above grade and 2,954 below grade, resulting in a total of 10,784 square feet. The building's age is estimated to be from 1975. The property is located in Otego, NY and has village water. This property is suitable for a restaurant or other business uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Gym & Fitness Department Store Food Market Storage Facility Grocery Store Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Otego
    County
    Otsego
    State
    New York
    Longitude
    -75.175405
    Latitude
    42.395297

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    FAQs

    What type of property is this?
    Restaurant - Restaurant with equipment and three apartments for instant income.
    Where is this restaurant located?
    The property is located at 212 Main St Otego, NY.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - High-visibility location with easy access off Interstate 88 and on NY-7 in Central New York.; - 3.6-acre property suitable for restaurant or other business ventures.; - Existing restaurant infrastructure with 8,133 sq ft including walk-in coolers and prep areas.
    (607) 287-1559
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    212 Main St Otego, NY 13825
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