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748 State Highway 28 Oneonta, NY 13820

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For Sale
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Restaurant & Hotel, High Visibility, NY

Property size:
3,250 SF

Property Features for 748 State Highway 28

General Information

Property type
Restaurants
Square Feet
3,250 SF

Building Details

Buildings
2
Stories
2

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Listing Contact
Ben Feinman
Ben Feinman

Listing Agency: Vanguard-Fine LLC Listing Agent: Ben Feinman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents two buildings totaling 8,750 square feet situated on a highly visible, prime retail location in Oneonta, New York. The property boasts a commanding presence on State Highway 28, a main retail thoroughfare, benefiting from a traffic count exceeding 11,000 vehicles per day. The main building, formerly a restaurant, offers 5,500 square feet of space, ideal for a variety of food service concepts. Adjacent is a second, two-story building, previously used as a hotel, encompassing 3,250 square feet. This presents a unique opportunity for expansion, redevelopment, or conversion to suit a variety of uses. The property is located in the heart of the market, representing the last developable parcel in this desirable area. A traffic light at the intersection further enhances visibility and accessibility. The asking price for this unique dual-building property is $2,000,000. This is a rare chance to acquire a substantial commercial property in a thriving location with significant potential for growth and return on investment. The property's size, location, and high traffic volume make it an attractive proposition for both established businesses and new ventures. The buildings are ready for immediate occupancy or redevelopment, offering flexibility to suit a wide range of business plans.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Oneonta
County
Otsego
State
New York
Longitude
-75.0531125
Latitude
42.446609

FAQs

What type of property is this?
Restaurant - Restaurant & Hotel, High Visibility, NY
Where is this restaurant located?
The property is located at 748 State Highway 28 Oneonta, NY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Two buildings totaling 8,750 square feet.; Former restaurant space: 5,500 SF.; Former hotel space: 3,250 SF (two stories).
(518) 862-0861 Call to check price and availability
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