Turn-Key Restaurant with Full
212 MAIN ST Oneida, NY 13421
212 MAIN ST, Oneida, NY, 13421
$895,000
For Sale
$895,000
Built in 2011, this restaurant offers a full bar, a well-equipped kitchen, and dedicated parking for guests.
Property Size4,058 SF
Lot Size0.50 Acres
Price / SF$220.55
Days on Market275
Property Features for 212 MAIN ST
General Information
- Standard status
- Active
- Size
- 4,058 SF
- Lot size
- 0.50 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 2011
Listing agency
Hunt Real Estate ERA
(315) 363-5533
Listed by
Ashley Howard
(315) 363-5533
Source
Xome
Added: Oct 21, 2025 Updated: Jul 22 at 8:35AM Checked: Jul 22 at 8:35AM
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 Hunt Real Estate ERA
Investment Insights
Based on property information with market context.
Built in 2011, this approximately 4,000-square-foot restaurant is set up for dine-in service and private events, with seating for about 120 guests plus a bright sunroom. The space includes a full bar and a functional commercial kitchen, with walk-in coolers on both the main level and in the basement.
Located in historic downtown Oneida on nearly a half-acre lot along one of the area’s busiest roads, the property offers its own dedicated parking lot along with convenient on-street parking.
The layout is designed for efficient operations, and nearly all equipment and furnishings are included, creating a turn-key opportunity for an owner-operator or investor.
Located in historic downtown Oneida on nearly a half-acre lot along one of the area’s busiest roads, the property offers its own dedicated parking lot along with convenient on-street parking.
The layout is designed for efficient operations, and nearly all equipment and furnishings are included, creating a turn-key opportunity for an owner-operator or investor.
Key Highlights
- 4,000+ SF restaurant built in 2011 in downtown Oneida on a nearly half‑acre lot
- Full bar and layout designed for dine‑in service, private events, and expanded concepts
- Kitchen includes walk‑in coolers on both the main level and in the basement
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.9k | $15.00 |
| − Vacancy | −$1.6k | −$0.39 |
| EGI | $59.3k | $14.61 |
| − OpEx | −$14.8k | −$3.65 |
| NOI | $44.5k | $10.96 |
4,058 SF · lease $15.00/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Uses
Best Use
Industrial
$1.36M
$1.19M – $1.59M
NOI $95,400 @ 7.0% cap · market cap 10.66%
Second Best
Specialty Retail
$635.2K
$555.8K – $741.1K
NOI $44,466 @ 7.0% cap · market cap 4.97%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Origlio’s Wagon Wheel ...
Restaurant
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FAQs
What type of property is this?
Conventional restaurant - Built in 2011, this restaurant offers a full bar, a well-equipped kitchen, and dedicated parking for guests.
Where is this conventional restaurant located?
The property is located at 212 MAIN ST Oneida, NY.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 4,000+ SF restaurant built in 2011 in downtown Oneida on a nearly half‑acre lot; Full bar and layout designed for dine‑in service, private events, and expanded concepts; Kitchen includes walk‑in coolers on both the main level and in the basement
