156 Main St Oneonta, NY 13820-2533
This exceptional investment opportunity presents a meticulously maintained, fully occupied building situated on Main Street in the heart of historic downtown Oneonta, New York. The property encompasses a substantial 6,720 square feet and sits on a 0.04-acre lot. The building's diverse income stream is comprised of six residential rental units and three commercial rental spaces, providing a robust and stable cash flow. Adding to its versatility is a sizable 1,600-square-foot flex space with its own dedicated entrance. This adaptable area presents significant potential for expansion, allowing for an additional residential unit or further commercial rental opportunities, catering to a variety of tenant needs. All utilities are the responsibility of the tenants, minimizing the owner's operational expenses. The property's prime location on Main Street offers excellent visibility and accessibility, placing it within easy reach of local amenities, businesses, and transportation routes. This is a rare chance to acquire a well-established, high-performing mixed-use property in a thriving downtown area. The building's historic character combined with its modern functionality makes it an exceptional investment prospect. Don't miss this chance to own a piece of Oneonta's rich history and secure a promising future in commercial real estate. The asking price is $1,299,000.
-
Boba Yaga Restaurant
-
Basement Media (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
320 · Oneonta, NYOneonta. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.