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Historic Oneonta Train Station Opportunity

58-60 Market St, Oneonta, NY 13820

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For Sale

$1,400,000

8,000 sq ft mixed-use property in vibrant college town.

Type:Commercial

Property size:

8,000 SF

Lot size:

0.41 Acres

Price / SF:

$175/SF

HighLights

Historic 8,000 sq ft former train station (built in 1862) in downtown Oneonta.
Prime location next to The Foothills Performing Arts & Civic Center.
Turnkey condition with a brand new roof, meticulous basement, bar, radiant heating, and 5 new HVACs.
Suitable for various uses: upscale residence or thriving commercial enterprise.
Includes a full service kitchen and three separate heating systems.
Ample parking available for customers.

We can help!

Contact an agent

Kelly Suzanne Hall

For Sale

$1,400,000

8,000 sq ft mixed-use property in vibrant college town.

Type:Commercial

Property size:

8,000 SF

Lot size:

0.41 Acres

Price / SF:

$175/SF

Added:: Mar 10, 2026
Days on Market:: 119
Last Refresh:: Jul 2 at 8:01 am

Property Features for 58-60 Market St

General Information

Standard status: Active
Size: 8,000 SF
Lot size: 0.41 Acres
Property subtype: Commercial

Building Details

Year Built: 1862

We can help!

Contact an agent

Kelly Suzanne Hall

Listing office

Listing date Mar 10, 2026

Source Elliman

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 Kelly Suzanne Hall

HighLights

Historic 8,000 sq ft former train station (built in 1862) in downtown Oneonta.
Prime location next to The Foothills Performing Arts & Civic Center.
Turnkey condition with a brand new roof, meticulous basement, bar, radiant heating, and 5 new HVACs.
Suitable for various uses: upscale residence or thriving commercial enterprise.
Includes a full service kitchen and three separate heating systems.
Ample parking available for customers.

Overview

Located in historic Oneonta, New York, the property at 58-60 Market Street offers an investment opportunity. Formerly Oneonta's train station from 1892, this 8,000 sq ft property is suitable for an upscale residence or a commercial enterprise. The location is strategically positioned to serve neighboring educational institutions and businesses, such as The Foothills Performing Arts & Civic Center. The property is suited for commercial ventures, including a full-service kitchen. Boutique shops, restaurants, or professional offices could occupy the ground floor, attracting locals and college students. The property features a new roof, meticulous basement, bar, radiant heating, and five new HVAC units. Ample parking is available for customers. The property could be transformed into a luxurious urban residence, offering downtown living and convenience. There are three separate heating systems throughout the property.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$151.7k	$18.96
− Vacancy	−$3.9k	−$0.49
EGI	$147.7k	$18.47
− OpEx	−$36.9k	−$4.62
NOI	$110.8k	$13.85

8,000 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.58M

$1.39M – $1.85M (±1% cap)

NOI $110,802 @ 7.0% cap · market cap 7.91%

Second Best

Office B

$1.44M

$1.26M – $1.68M (±1% cap)

NOI $101,088 @ 7.0% cap · market cap 7.22%

Theoretical Best

Office A

$2.21M

$1.93M – $2.57M (±1% cap)

NOI $154,368 @ 7.0% cap · market cap 11.03%

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

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Location Insight

Map
Local Demand

City: Oneonta
County: Otsego
State: New York
Longitude: -75.0595
Latitude: 42.4526

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For sale
Mixed-use properties
NY
Oneonta
13820
58-60 Market St

What type of property is this?

Mixed-use property - 8,000 sq ft mixed-use property in vibrant college town.

Where is this mixed-use property located?

The property is located at 58-60 Market St Oneonta, NY.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Historic 8,000 sq ft former train station (built in 1862) in downtown Oneonta.; Prime location next to The Foothills Performing Arts & Civic Center.; Turnkey condition with a brand new roof, meticulous basement, bar, radiant heating, and 5 new HVACs.