58-60 Market St, Oneonta, NY 13820
For Sale
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This exceptional 8,000-square-foot commercial property, located at 58-60 Market Street in Oneonta, New York, presents a unique investment opportunity. Originally constructed in 1892 as a former rail station, this building underwent a loving restoration in 1970, seamlessly blending historical charm with modern conveniences. Currently vacant, the property is zoned MU-1 and sits on a 0.41-acre lot (APN: 361200-300-006-0002-029-000-0000). The asking price is $1,400,000. Ideal for a variety of uses, including restaurant, retail, medical, or professional offices, the space even allows for a three-store mini-mall setup with separate heating systems. A full kitchen and bar are already in place, and the property boasts a new roof (2023) and a highly efficient mini-split HVAC system (2021). Its prime location offers excellent visibility, being just steps from the Foothills Performing Arts Center, Main Street's shopping corridor, a city park, banking facilities, and other retail establishments. The building's proximity to the Clarion Hotel further enhances its appeal. All existing contents and equipment are negotiable. This is a truly remarkable property with significant potential for a discerning buyer. The property's history and prime location make it an exceptional investment opportunity in the heart of Oneonta.
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
352 · Oneonta, NYOneonta. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.