432 Main St Oneonta, NY 13820
- Investment properties
- 2,918 SF
- 0.21 lot acres
Current Use by Public Records
- Egal Mohamed MD / Geriatrician
- Cardiology Associates-Oneonta / Medical Clinic / Cardiologist
Property Details for 432 Main St
- Year built
- 1986
- Lot size
- 0.21 lot acres
- Property size
- 2,918 SF
- Zone code
- 610
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 361200 288.19-1-75
- APU
- 36120028819175
Description
This exceptional mixed-use property at 432-434 Main Street, Oneonta, NY, presents a unique investment opportunity. The 2,837 square foot building, constructed in 1883, boasts a desirable location just one block from A.O. Fox Memorial Hospital. The property features a first-floor office space ideal for medical or traditional office use, including a large reception area, multiple exam rooms, various offices, and an executive suite with a private bathroom. A charming two-bedroom apartment occupies the second floor, boasting a strong rental history for both short-term and long-term tenants. The property includes a double lot, providing access from Main Street and Fifth Street, and sits within the MU2 "Mixed Use" zone. Further potential exists in the unfinished attic space, offering significant upside for long-term investors seeking to expand the usable area. The rear of the property abuts the hospital's private parking lot, adding to its convenience and appeal. This 0.4-acre lot, housed in a single two-story building, offers a blend of commercial and residential income streams in a high-demand location. The asking price is $399,500.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oneonta
- County
- Otsego
- State
- New York
- Longitude
- -75.0502
- Latitude
- 42.4581
- CBSA code
- 36580
- CBSA name
- ONEONTA, NY MICROPOLITAN STATISTICAL AREA
