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    3916 State Highway 23 Oneonta, NY 13861

    For Sale
    $425,000

    Profitable restaurant with apartments near Cooperstown All Star Village.

    Lot size:
    0.09 Acres

    Property Features for 3916 State Highway 23

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1980

    Source: Keller Williams Upstate NY Properties Agent Joshua Rumberger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant with Rental Income

    Pizza 23 West presents an investment opportunity with an established restaurant in Oneonta, NY. The property is located two minutes from the Cooperstown All Star Village and under five minutes from the City of Oneonta. The restaurant seats over 60 people and offers delivery service to the Town and Village of Oneonta, Oneonta University, and Hartwick College. The property also includes two apartments upstairs, suitable for an owner/operator or for generating additional income through year-round or summertime rentals. The combination of the restaurant and rental income makes this an exceptional opportunity for investors or restaurateurs seeking a prime location.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Building Supply Hotel & Motel Accounting Firm Pawn Shop Veterinary Clinic Bed & Breakfast Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Oneonta
    County
    Otsego
    State
    New York
    Longitude
    -75.1176439
    Latitude
    42.4721996

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    FAQs

    What type of property is this?
    Turn key restaurant - Profitable restaurant with apartments near Cooperstown All Star Village.
    Where is this turn key restaurant located?
    The property is located at 3916 State Highway 23 Oneonta, NY.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Established Restaurant: Pizza 23 West is a well-established and successful restaurant with a proven track record.; - Income Potential: Features both a thriving restaurant business and two apartments for rental income.; - Prime Location: Ideally located near Cooperstown All Star Village and the City of Oneonta.
    (607) 386-3733
    Request Owner's contact information
    3916 State Highway 23 Oneonta, NY 13861
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    Oneonta, NY 13861
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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
    3916 State Highway 23 Oneonta, NY 13861
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