Property summary
This exceptional commercial property in Otego, NY, presents a unique investment opportunity. The 80.91-acre lot features three buildings totaling 29,100 square feet, offering diverse uses. A former automotive restoration facility (20,000 sq ft) with a 4,000 sq ft operating car wash (business included in sale) provides immediate cash flow. A third building (5,100+ sq ft) includes 2,600 sq ft of garage/warehouse space and a 2,500 sq ft sandblast area. The property also boasts a 9,100 sq ft Class-A lobby/office/showroom with high-end finishes, including ceramic tile and wood wainscoting, multiple offices, a conference room, showroom, breakroom with kitchen/baths/shower, and a parts/store room. A 4,900 sq ft repair shop features radiant heat and supplemental recycled oil heating. Multiple overhead doors and 16' high ceilings offer versatility. A 7,000 sq ft clean room, machine shop, paint booth, detailing area, and mechanic's shop complete the complex. The property includes a 130-space parking lot with heated entry sidewalks. Zoned for residential, agricultural, and various commercial uses with a Special Use Permit. Asking price: $1,750,000.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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