Property summary
This exceptional mixed-use property at 26 Main Street, Oneonta, NY 13820, presents a unique investment opportunity. The 7,754 square foot, two-story building, originally constructed in 1970 and extensively renovated in 1995, boasts a prominent 163-foot Main Street frontage, ensuring high visibility and traffic counts. Currently vacant, this versatile space is zoned commercial, offering a multitude of possibilities, including a restaurant, microbrewery, wellness center, bed and breakfast, or art gallery. The property includes two on-site apartments totaling 2,300 square feet, each with three bedrooms and three bathrooms, providing an additional revenue stream. A full liquor license extends to the outdoor seating area. Ample parking is available with 50 spaces. The property sits on a 0.77-acre lot and features a recently updated HVAC system (furnace, hot water heater, and AC unit, all two years old). The asking price is $1,475,000, translating to $190.22 per square foot. Its central location near I-88 and picturesque parks offers both accessibility and tranquility. A breathtaking balcony provides a city view. This property offers a blend of commercial and residential potential in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
420 · Oneonta, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 420 in Oneonta, NY.
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