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    5534-5536 State Highway 7 Oneonta, NY 13820

    For Sale
    $550,000

    COMMERCIAL - Oneonta, NY

    Property size:
    4,000 SF
    Lot size:
    1.44 Acres
    Days on Market:
    60
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 5534-5536 State Highway 7

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    B-2
    APN
    289.00-1-32.00
    Parking
    38
    Parking features
    Paved or Surfaced
    Accessibility
    Accessible Approach with Ramp
    Size
    4,000 SF
    Lot size
    1.44 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Zoned, Propane (Heating), Forced Air, Electric (Heating)
    Cooling system
    Zoned

    Building Details

    Year built
    1976
    Floors in Building
    1
    Flooring type
    Linoleum, Concrete, Vinyl
    Building materials
    Brick, Block, WoodSiding
    Roof type
    Membrane, Shingle, Rubber, Asphalt

    Benson Agency Real Estate LLC (607) 432-4391 [email protected]

    Listing agent Rodger B Moran (607) 432-4391 License #30MO0797197

    Listing date Oct 8, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Restaurant with Residential Bonus

    This is a legendary restaurant location that has been continuously operational for five decades. The well-kept and popular restaurant is available for sale and includes all equipment. The restaurant features three dining areas and a fully equipped, two-line kitchen with separate prep areas, a walk-in cooler/freezer, and a full inventory of necessary equipment. Seating is available for 108 patrons. A bonus feature is the 1,150 square foot, 3-bedroom manufactured home with a new roof and several upgrades, suitable for staff or ownership. The property benefits from great visibility and a large lot. The freshly paved and striped parking lot offers 38 spaces. The restaurant is turn-key ready and represents a rare opportunity to acquire a fully equipped and operational business. The property is zoned B-2 and sits on a 1.44-acre lot. The restaurant building has 4,000 square feet of space. It is located in Oneonta, NY.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oneonta
    County
    Otsego
    State
    New York
    Longitude
    -75.021006
    Latitude
    42.458599

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    FAQs

    What type of property is this?
    Restaurant - Fully equipped restaurant with seating for 108 and residential home.
    Where is this restaurant located?
    The property is located at 5534-5536 State Highway 7 Oneonta, NY.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Turn-key restaurant: Fully equipped and operational, ready for immediate use.; - Established Business: Continuously operating for five decades with a strong reputation.; - Includes all equipment: Sale encompasses all kitchen and dining equipment, plus a walk-in cooler/freezer.
    (607) 432-4391
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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
    5534-5536 State Highway 7 Oneonta, NY 13820
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