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    26 Main St Oneonta, NY 13820

    Sponsored
    For Sale
    $1,475,000

    Prime Main Street location, high visibility.

    Property size:
    7,754 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property at 26 Main Street, Oneonta, NY 13820, presents a unique investment opportunity. The 7,754 square foot, two-story building, originally constructed in 1970 and extensively renovated in 1995, boasts a prominent 163-foot Main Street frontage, ensuring high visibility and traffic counts. Currently vacant, this versatile space is zoned commercial, offering a multitude of possibilities, including a restaurant, microbrewery, wellness center, bed and breakfast, or art gallery. The property includes two on-site apartments totaling 2,300 square feet, each with three bedrooms and three bathrooms, providing an additional revenue stream. A full liquor license extends to the outdoor seating area. Ample parking is available with 50 spaces. The property sits on a 0.77-acre lot and features a recently updated HVAC system (furnace, hot water heater, and AC unit, all two years old). The asking price is $1,475,000, translating to $190.22 per square foot. Its central location near I-88 and picturesque parks offers both accessibility and tranquility. A breathtaking balcony provides a city view. This property offers a blend of commercial and residential potential in a desirable location.

    Property Features for 26 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,754 SF
    Lot Size
    33,541 SF

    Building Details

    Year Built/Renovated
    1970/1995
    Stories
    2

    HighLights

    • Mixed‑use property featuring a restaurant and two apartments.
    • Ample on‑site parking available.
    • High‑visibility location with excellent street frontage.
    • High traffic counts ensure strong customer flow.
    Property Profile Location Intelligence

    Current Use by Public Records

    Alfresco's Italian Bistro Italian Restaurant

    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
    -75.06374911
    Latitude
    42.44769804

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    FAQs

    What type of property is this?
    Individual retail property - Prime Main Street location, high visibility.
    Where is this individual retail property located?
    The property is located at 26 Main St Oneonta, NY.
    What is the asking price?
    The asking price for this property is $1,475,000.
    What are key features of this property?
    This property features: Mixed-use property featuring a restaurant and two apartments.; Ample on-site parking available.; High-visibility location with excellent street frontage.
    Request Owner's contact information
    26 Main St Oneonta, NY 13820
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    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
    26 Main St Oneonta, NY 13820
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