Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    58-60 Market St Oneonta, NY 13820

    Sponsored
    For Sale
    $1,400,000

    Prime location, 8,000 sq ft, vacant.

    Property size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,000-square-foot commercial property, located at 58-60 Market Street in Oneonta, New York, presents a unique investment opportunity. Originally constructed in 1892 as a former rail station, this building underwent a loving restoration in 1970, seamlessly blending historical charm with modern conveniences. Currently vacant, the property is zoned MU-1 and sits on a 0.41-acre lot (APN: 361200-300-006-0002-029-000-0000). The asking price is $1,400,000. Ideal for a variety of uses, including restaurant, retail, medical, or professional offices, the space even allows for a three-store mini-mall setup with separate heating systems. A full kitchen and bar are already in place, and the property boasts a new roof (2023) and a highly efficient mini-split HVAC system (2021). Its prime location offers excellent visibility, being just steps from the Foothills Performing Arts Center, Main Street's shopping corridor, a city park, banking facilities, and other retail establishments. The building's proximity to the Clarion Hotel further enhances its appeal. All existing contents and equipment are negotiable. This is a truly remarkable property with significant potential for a discerning buyer. The property's history and prime location make it an exceptional investment opportunity in the heart of Oneonta.

    Property Features for 58-60 Market St

    General Information

    Property type
    Individual retail properties
    Square Feet
    8,000 SF
    Lot Size
    17,860 SF

    Building Details

    Year Built/Renovated
    1892/1970

    HighLights

    • 8,000 SF commercial building at 58‑60 Market Street, Oneonta, NY, on a 0.41‑acre lot (APN: 361200‑300‑006‑0002‑029‑000‑0000).
    • Asking price: $1,400,000. Zoned MU‑1.
    • Features a full kitchen and bar.
    • New roof (2023) and highly efficient mini‑split HVAC system (2021).
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oneonta
    County
    Otsego
    State
    New York
    Longitude
    -75.05979409
    Latitude
    42.4529054

    Nearby Similar for Sale

    • $269,000
      Pending

      Oneonta Multifamily Investment Opportunity

      8-bedroom multifamily near SUNY Oneonta and Hartwick College.
      31 Cedar St, Oneonta, NY 13820
      View Details
    • $1,200,000
      5,448 SF

      Turnkey Medical Facility Investment Opportunity

      Fully leased medical facility in Oneonta's West End with renewal option.
      6 Country Club Rd, Oneonta, NY 13820
      View Details
    • $345,000
      3,448 SF

      West Oneonta Multi-Family Investment Property

      Multi-family property near Cooperstown All-Star Village with investment potential.
      17 Olen Houck St, Oneonta, NY 13820
      View Details
    • $1,200,000
      5,448 SF

      Turnkey Medical Facility in Oneonta

      Fully leased medical facility in Oneonta's West End.
      6 Country Club Rd, Oneonta, NY 13820
      View Details
    • New
      $349,900
      3,050 SF

      Turn-Key Restaurant/Retail Venue with Apartment

      Unique indoor/outdoor venue with apartment near I88 and downtown.
      248 River St, Oneonta, NY 13820
      View Details
    • New
      $289,900
      Pending

      Oneonta Mixed-Use Commercial Opportunity

      Multi-use property near hospital with drive-through potential.
      432-434 Main St, Oneonta, NY 13826
      View Details
    • $249,900
      Pending

      Two-Family Investment Property, Oneonta, NY

      Two-unit property with strong rental history near downtown and colleges.
      37 Church St, Oneonta, NY 13820
      View Details
    • $550,000
      4,000 SF

      Turn-Key Restaurant with Residential Bonus

      Fully equipped restaurant with seating for 108 and residential home.
      5534-5536 State Highway 7, Oneonta, NY 13820
      View Details
    • $550,000
      4,000 SF

      Turn-Key Restaurant with Residential Bonus

      Fully equipped restaurant with 3-bedroom home on 1.44 acres.
      5536 St Hwy 7, Oneonta, NY 13820
      View Details
    • $210,000
      Pending

      Charming Oneonta Duplex Opportunity

      Well-maintained duplex near downtown Oneonta, ideal for owner-occupancy or investment.
      19-21 Otsego St, Oneonta, NY 13820
      View Details
    • $149,000
      2,000 SF

      Two-Unit Multifamily Property in Oneonta

      Two-unit multifamily property with income potential in central Oneonta.
      16-18 Brook St, Oneonta, NY 13820
      View Details
    • $317,514
      3,768 SF

      Oneonta Three-Unit Apartment Building

      Three-unit apartment building near downtown with strong rental income.
      46 Church St, Oneonta, NY 13820
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Prime location, 8,000 sq ft, vacant.
    Where is this individual retail 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: 8,000 SF commercial building at 58-60 Market Street, Oneonta, NY, on a 0.41-acre lot (APN: 361200-300-006-0002-029-000-0000).; Asking price: $1,400,000. Zoned MU-1.; Features a full kitchen and bar.
    Request Owner's contact information
    58-60 Market St Oneonta, NY 13820
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    58-60 Market St
    Oneonta, NY 13820
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    58-60 Market St Oneonta, NY 13820
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.