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Mixed-Use Building with Apartments
For Sale
$1,050,000

211 Main Street, Oneonta, NY 13820

Street-level commercial space is paired with two upper-floor residences in downtown Oneonta.

Property Size7,272 SF
Price / SF$144.39
Days on Market316

Property Features for 211 Main Street

General Information

Standard status Active
Size 7,272 SF
Property subtype Commercial

Site & Location

Utilities to Site Yes
Mixed-Use Components retail, residential

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,000

Amenities

public utilities
natural gas heat

Building Details

Building Size 7,272 SF
Year Built 1980
Units 3
Listing Agency: B Square Realty
Listed By: Sai Xiang Zheng
Source: Croninreale
Added: Dec 12, 2025 Changed: Oct 23 Last Checked: Oct 23 at 4:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of B Square Realty

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Investment Insights

Based on property information with market context.

This 7,272-square-foot mixed-use building, constructed in 1980, combines a ground-level commercial space with two residential units above. Public utilities serve the property, and heating is provided by natural gas.

At 211 Main Street in downtown Oneonta, the building offers access to local businesses, SUNY Oneonta, and Hartwick College.

Key Highlights

  • 7,272‑square‑foot mixed‑use building
  • Street‑level commercial space with two residential units on the upper floors
  • Built in 1980

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$70,223
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,404,460 $1.4M
Cap Rate 7%
$1,003,186 $1.0M
Cap Rate 9%
$780,256 $780.3K
Market Conditions
NOI Build-Up for 7,272 SF
Gross rent
$104.7K $14.40/SF
− Vacancy
−$4.4K −$0.60/SF
EGI
$100.3K $13.80/SF
− OpEx
−$30.1K −$4.14/SF
NOI
$70.2K $9.66/SF
Area
Otsego County, NY
Vacancy
4.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,404,460
Cap Rate 7%
$1,003,186
Cap Rate 9%
$780,256

Alternative Uses

Best Use
Retail
$1.00M
$877.8K – $1.17M (±1% cap)
NOI $70,223 @ 7.0% cap · market cap 6.69%
Second Best
Mixed Use
$891.3K
$779.9K – $1.04M (±1% cap)
NOI $62,394 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M (±1% cap)
NOI $140,321 @ 7.0% cap · market cap 13.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Tokyo Japanese Cuisine Restaurant

Suggested Use

Top Pick Electrical Service Bakery (Bike/Boat/Book/etc) Store Garden Center Veterinary Clinic Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,123
Businesses Nearby

Demographics for 13820, NY

21,605
Population
10,083
Households
2.1
Avg Household Size
30
Median Age
40%
College-Educated
91%
High-School Grad
107.3 sq mi
ZIP Area
201
Density / Sq Mi
$66,217
Median Household Income
$26,154
Median Earnings
$983
Median Rent
$176,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level commercial space is paired with two upper-floor residences in downtown Oneonta.
Where is this mixed-use property located?
The property is located at 211 Main Street Oneonta, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 7,272‑square‑foot mixed‑use building; Street‑level commercial space with two residential units on the upper floors; Built in 1980
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