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Three-Story Mixed-Use Building

211 Main Street, Oneonta, NY 13820

For Sale
New
$990,000

Commercial Sale, Oneonta, NY

Property Size7,272 SF
Price / SF$136.14
Days on Market2

Property Features for 211 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning 320
Rooms Basement
Basement Storage Space
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Standard status Active

Additional Details

Mixed-Use Components commercial, residential

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6272

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1980
Floors in Building 1
Number of units 3
Building materials Brick
Buildings 1
Listing Agency: New Group Realty Inc
Listed By: Steven Leong
Added: Nov 12 Last Checked: Nov 13 at 4:06AM
MLS# 1073414

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 7,272-SF brick building has three levels, with commercial space on the ground floor and two residential apartments above. Each apartment contains four bedrooms and two full bathrooms. A basement adds another component to the building’s layout. Constructed in 1980, the property has natural gas heat, public water and sewer, and cable availability.

At 211 Main Street in Oneonta, the property sits in the downtown area among restaurants, cafes, shops, and other businesses. SUNY Oneonta and Hartwick College are nearby. The combination of commercial and residential space supports separate business and housing uses within one property.

Key Highlights

  • Approx. 7,272 SF across three levels
  • Ground‑floor commercial space with two residential apartments above
  • Each apartment has 4 bedrooms and 2 full bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$70,223
Cap Rate
7.09%
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 7.09%
Second Best
Mixed Use
$891.3K
$779.9K – $1.04M (±1% cap)
NOI $62,394 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M (±1% cap)
NOI $140,321 @ 7.0% cap · market cap 14.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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
Multi-tenant
Tenancy
Yes
Paved road access

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two residential units provide four bedrooms and two full bathrooms apiece above the ground-level commercial space.
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 $990,000.
What are key features of this property?
This property features: Approx. 7,272 SF across three levels; Ground‑floor commercial space with two residential apartments above; Each apartment has 4 bedrooms and 2 full bathrooms
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