Property profile

2957 Ny-23 West Oneonta, NY 13861

OFF-MARKET
Retail properties & Spaces
4,800 SF 3 ac lot
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Property summary

AI-generated overview

This exceptional 4,800-square-foot free-standing building presents a unique investment opportunity in West Oneonta, NY. Situated on a spacious 3-acre lot along a major road, this property boasts a full liquor license, making it ideal for a thriving restaurant or entertainment venue. The building's ample size allows for diverse uses, including dining, dancing, and live music. Its location near a tourist attraction ensures high visibility and potential for significant foot traffic. The property is conveniently located at 2957 NY-23, West Oneonta, NY 13861, in Otsego County. Taxes are $12.75 per square foot. The building is served by electric power. The property is currently available for lease at $4,500 per month. The asking price is $195,000. This single-tenant retail and restaurant property offers a compelling combination of size, location, and potential, making it an attractive prospect for discerning investors seeking a high-return venture in a vibrant college town setting. The property is zoned for commercial use. The building is in excellent condition and ready for immediate occupancy. This is a rare opportunity to acquire a well-established business location with significant upside potential.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,800 SF
Lot 3 ac (130,680 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2957 Ny-23 West Oneonta, NY 13861
West Oneonta metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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