26 Main St Oneonta, NY 13820
- Turn key restaurants
- 6,872 SF
- 0.77 lot acres
Current Use by Public Records
- Alfresco's Italian Bistro / Fine Dining Restaurant / Italian Restaurant
Property Details for 26 Main St
- Year built
- 1970
- Lot size
- 0.77 lot acres
- Property size
- 6,872 SF
- Zone code
- 420
- Property type
- Turn key restaurants
- APN
- 361200 300.10-1-29
- APU
- 36120030010129
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oneonta
- County
- Otsego
- State
- New York
- Longitude
- -75.0634
- Latitude
- 42.4478
- CBSA code
- 36580
- CBSA name
- ONEONTA, NY MICROPOLITAN STATISTICAL AREA