58-60 Market St Oneonta, NY 13820
- Turn key restaurants
- 5,106 SF
- 0.41 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 58-60 Market St
- Year built
- 1970
- Lot size
- 0.41 lot acres
- Property size
- 5,106 SF
- Zone code
- 352
- Property type
- Turn key restaurants
- APN
- 361200 300.6-2-29
- APU
- 3612003006229
Description
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.
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
- -75.0597
- Latitude
- 42.4527
- CBSA code
- 36580
- CBSA name
- ONEONTA, NY MICROPOLITAN STATISTICAL AREA
