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Property profile & analytics
OFF-MARKET
Office Spaces

215 Main St Oneonta, NY 13820

7,050 SF 0.08 ac lot Built 1920
Property ID
Property summary
AI-generated overview

This exceptional 7,050 square foot commercial building is ideally situated across from Muller Plaza in the heart of downtown Oneonta, NY. The property boasts a strong, established income stream generated by a long-term tenant occupying the first floor, a successful eatery. Above the commercial space, four upscale, three-bedroom apartments provide twelve rental units, significantly enhancing the property's revenue potential. Each apartment offers comfortable living spaces, contributing to high occupancy rates and consistent rental income. The building is well-maintained and requires minimal upkeep, allowing for easy management and maximized returns. On-site laundry facilities are provided for the convenience of residential tenants. The 0.08-acre lot offers ample space for potential future expansion or outdoor amenities. This turnkey investment presents a rare opportunity to acquire a profitable, established commercial property in a thriving downtown location. The six-figure cash flow potential makes this an attractive investment for those seeking a stable and growing income stream. The building's versatile layout and prime location offer significant upside potential for future growth and development. Don't miss this chance to secure a valuable asset in a desirable New York market.

Property profile
Verified
Property type Office Spaces
Year built 1920
Total area 7,050 SF
Lot 0.08 ac (3,485 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Capresso Coffee Bar Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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