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    Property profile & analytics

    212 Main St Otego, NY 13825

    • Turn key restaurants
    • 5,392 SF
    • 1.30 lot acres
    For Sale
    View listing
    $295,000
    Value Estimation
    Location Intelligence
    Property ID
    US63-4335859
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 212 Main St

    Year built
    1975
    Lot size
    1.30 lot acres
    Property size
    5,392 SF
    Property type
    Turn key restaurants
    APN
    364801 317.19-1-64.00
    APU
    3648013171916400

    Description

    This exceptional commercial property in Otego, NY, presents a unique investment opportunity. Located at 212 Main St, this 10,784 square foot building sits on a sizable 3.6-acre lot, offering unparalleled visibility from Interstate 88 and NY-7. The property boasts a substantial restaurant space, totaling 8,133 square feet (5,179 square feet above grade and 2,954 square feet below grade, including walk-in coolers and prep areas). This expansive area is ready for immediate occupancy, complete with existing restaurant equipment. Adding to the investment potential are three income-generating residential apartments, measuring 635, 740, and 1,276 square feet respectively. The total above-grade building square footage is 7,830 square feet, with an additional 2,954 square feet below grade. The property features ample parking and convenient access, along with village water service. The building, estimated to be from 1975, is situated on two combined lots totaling 3.6 acres. This versatile property offers the potential for continued restaurant operation or creative adaptation for a variety of business uses, making it an exceptional opportunity in central New York.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Otego
    County
    Otsego
    State
    New York
    Longitude
    -75.1823
    Latitude
    42.3906
    CBSA code
    36580
    CBSA name
    ONEONTA, NY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $38,000
    $243,700
    $281,700
    -
    $40,860
    $262,043
    $302,903

    Comparable in this City

    • Value Estimation by Request
      1,240 SF

      112 Main St

      RESTAURANT • 1,240 SF
      112 Main St, Otego, NY 13825-2157
      View Details
    • Value Estimation
      $90,000
      960 SF

      3567 State Hwy 7th 7

      DRIVE-THRU RESTAURANT, FAST FOOD • 960 SF
      3567 State Hwy 7th 7, Otego, NY 13825-3213
      View Details
    • Value Estimation
      $275,000
      1,216 SF

      1120 County Hwy 5th 5

      FINANCIAL BUILDING • 1,216 SF
      1120 County Hwy 5th 5, Otego, NY 13825-2103
      View Details
    • Value Estimation
      $315,000
      4,040 SF

      337 County Hwy 48

      AUTO REPAIR, GARAGE • 4,040 SF
      337 County Hwy 48, Otego, NY 13825
      View Details
    • Value Estimation
      $250,000
      1,800 SF

      224 County Hwy 48

      SERVICE STATION WITH FOOD MART • 1,800 SF
      224 County Hwy 48, Otego, NY 13825-3107
      View Details
    • Value Estimation by Request
      2.40 Acres

      2664 State Hwy 7th 7

      NURSERY, GREENHOUSE, FLORIST • 2.40 Acres
      2664 State Hwy 7th 7, Otego, NY 13825-2193
      View Details

    Similar Nearby for Sale

    • $295,000
      7,830 SF

      Restaurant and Apartments on 3.6 Acres

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    • Contact for pricing
      Pending

      Otego Building Lot For Sale

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    212 Main St
    Otego, NY 13825
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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