Turn-Key Restaurant with Commercial
5362 STATE HIGHWAY 7 Oneonta, NY 13820
5362 STATE HIGHWAY 7, Oneonta, NY, 13820
$550,000
For Sale
$550,000
Restaurant includes three dining areas, fully equipped two-line kitchen, walk-in cooler/freezer, and seating for 108.
Property Size4,000 SF
Price / SF$137.50
Days on Market314
Property Features for 5362 STATE HIGHWAY 7
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1976
Listing agency
Benson Agency Real Estate LLC
(607) 287-1559
Listed by
Rodger Moran · License #30MO0797197
(607) 287-1559
Source
Xome
Added: Sep 12, 2025 Updated: Jul 22 at 7:34AM Checked: Jul 22 at 7:34AM
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 Benson Agency Real Estate LLC
Investment Insights
Based on property information with market context.
This sale includes a long-running, well-kept restaurant with three front dining areas and a fully equipped “back of house” two-line kitchen with separate prep areas. The kitchen includes a walk-in cooler/freezer, and the offering notes that equipment throughout is included, with an equipment/inventory list attached. Seating is described as accommodating 108 guests.
The property is located at 5362 State Highway 7 in Oneonta, NY, and the remarks describe strong visibility. A freshly paved and striped parking lot provides 38 spaces on a large lot.
Also included is a 1,150 sq ft manufactured home with three bedrooms, a new roof, and several upgrades, described as suitable for staff or ownership.
The property is located at 5362 State Highway 7 in Oneonta, NY, and the remarks describe strong visibility. A freshly paved and striped parking lot provides 38 spaces on a large lot.
Also included is a 1,150 sq ft manufactured home with three bedrooms, a new roof, and several upgrades, described as suitable for staff or ownership.
Key Highlights
- Restaurant features three dining areas with seating for 108
- Back‑of‑house includes fully equipped two‑line kitchen with separate prep areas
- Walk‑in cooler/freezer included
Local Financial Insights For Industrial
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 | $37.9k | $9.48 |
| − Vacancy | −$2.6k | −$0.64 |
| EGI | $35.3k | $8.84 |
| − OpEx | −$10.6k | −$2.65 |
| NOI | $24.7k | $6.18 |
4,000 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$791.4K
$692.5K – $923.4K
NOI $55,401 @ 7.0% cap · market cap 10.07%
Second Best
Industrial
$353.4K
$309.2K – $412.3K
NOI $24,739 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$1.10M
$964.8K – $1.29M
NOI $77,184 @ 7.0% cap · market cap 14.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Restaurant includes three dining areas, fully equipped two-line kitchen, walk-in cooler/freezer, and seating for 108.
Where is this conventional restaurant located?
The property is located at 5362 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: Restaurant features three dining areas with seating for 108; Back‑of‑house includes fully equipped two‑line kitchen with separate prep areas; Walk‑in cooler/freezer included
