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Property profile & analytics
OFF-MARKET
Showrooms

187 Main St Unadilla, NY 13849-2441

12,480 SF 0.27 ac lot Built 1879
Entity Owned 22-yr Hold Free & Clear
Property ID
US63-4211593
Property summary
AI-generated overview

This exceptional 10,145 square foot mixed-use building at 187 Main St, Unadilla, NY, presents a unique investment opportunity. Situated on a 0.27-acre lot, the property boasts four ground-floor commercial units, including a fully equipped former pizzeria. The pizzeria features two Blodgett stone pizza ovens, a Hobart dough mixer with attachments, a six-burner stove and hood, a walk-in cooler, triple wash sinks, and extensive stainless steel and refrigerated prep surfaces. Ample storage is available in the full basement, including a walk-in freezer and additional refrigeration. The pizzeria also includes tables, chairs, a large dining area, two public restrooms, and handicap accessibility. The remaining three ground-floor units offer excellent street frontage on Main Street. Upstairs, the second floor offers significant potential. With 20-foot ceilings, original wood floors, and large windows, this space features a bar and kitchen area, and multiple rooms adaptable for additional rental units or shops. The property includes parking spaces behind the building, plus convenient access to a large adjacent town parking lot. The first floor alone offers a potential capitalization rate exceeding 10% when fully leased, making the second floor a substantial bonus. This property is ideal for a savvy investor seeking strong cash flow and significant upside potential. The building's history and location offer a unique opportunity to contribute to the local community while generating substantial income. The asking price is $275,000.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1879
Total area 12,480 SF
Lot 0.27 ac (11,761 SF)
APN 366201 334.19-1-24.00
UPID US63-4211593
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
  • Kim's Creative Cuts Hair Salon
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
JOMI INC
JOMI INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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