For Sale
$779,000

215 Main St Oneonta, NY 13820

High-cash-flow office & apartment building

Overview

Added:
Feb 3
Days on market:
78
This exceptional 7,050 square foot commercial building is ideally situated across from Muller Plaza in the heart of downtown Oneonta, NY. The property boasts a strong, established income stream generated by a long-term tenant occupying the first floor, a successful eatery. Above the commercial space, four upscale, three-bedroom apartments provide twelve rental units, significantly enhancing the property's revenue potential. Each apartment offers comfortable living spaces, contributing to high occupancy rates and consistent rental income. The building is well-maintained and requires minimal upkeep, allowing for easy management and maximized returns. On-site laundry facilities are provided for the convenience of residential tenants. The 0.08-acre lot offers ample space for potential future expansion or outdoor amenities. This turnkey investment presents a rare opportunity to acquire a profitable, established commercial property in a thriving downtown location. The six-figure cash flow potential makes this an attractive investment for those seeking a stable and growing income stream. The building's versatile layout and prime location offer significant upside potential for future growth and development. Don't miss this chance to secure a valuable asset in a desirable New York market.

Property Details for 215 Main St

Property type
Office properties
Square Feet
7,050 SF
Year Built
1920
Lot Size (sq. ft)
3,485 SF

Location Insight

City
Oneonta
County
Otsego
State
New York
Latitude
42.45446
Longitude
-75.06169

FAQs

What type of property is this?
Office property - High-cash-flow office & apartment building
Where is the office property located?
The property is located at 215 Main St Oneonta, NY.
What is the asking price?
The asking price for this property is $779,000.
How can I contact the broker?
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215 Main St
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