For Sale
$425,000

212 Main St Otego, NY 13825

Otego, NY: Restaurant & Apartments

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional mixed-use property in Otego, New York, presents a unique investment opportunity. Located at 212 Main Street, this 10,784 square foot building sits on a generous 3.6-acre lot, offering excellent visibility and accessibility off Interstate 88 and NY-7. The property boasts a substantial restaurant space totaling 8,133 square feet (5,179 square feet above grade and 2,954 square feet below grade, including walk-in coolers and prep areas). This area is equipped with existing restaurant equipment. In addition to the restaurant, the building includes three residential rental units generating immediate income: one 635 square foot unit, one 740 square foot unit, and one 1,276 square foot unit. The total above-grade building square footage is 7,830 square feet, with an additional 2,954 square feet below grade. Built in 1975, the property benefits from village water and ample parking. This turnkey operation offers the chance to immediately begin business or explore alternative uses for this versatile space. The property consists of two combined lots totaling 3.6 acres. Asking price is $425,000. This is an unbeatable opportunity to own a thriving business and rental income stream in a prime location.

Highlights

  • 10,784 SF mixed-use building on a 3.6-acre lot in Otego, NY.
  • Prominent Main Street location with I-88 & NY-7 visibility.
  • 8,133 SF restaurant space (5,179 SF above grade, 2,954 SF below grade) with existing equipment.
  • Three residential rental units (635 SF, 740 SF, 1,276 SF) providing immediate income.
  • 7,830 SF above-grade space, plus 2,954 SF below grade.
  • $425,000 asking price.

Property Details for 212 Main St

Property type
Retail properties, Restaurants
Square Feet
10,784 SF
Year Built
1975
Buildings
1
Lot Size (sq. ft)
156,816 SF
Units
4

Location Insight

City
Otego
County
Otsego
State
New York
Latitude
42.390597
Longitude
-75.182271

FAQs

What type of property is this?
Retail property - Otego, NY: Restaurant & Apartments
Where is the retail property located?
The property is located at 212 Main St Otego, NY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 10,784 SF mixed-use building on a 3.6-acre lot in Otego, NY.; Prominent Main Street location with I-88 & NY-7 visibility.; 8,133 SF restaurant space (5,179 SF above grade, 2,954 SF below grade) with existing equipment.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
212 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message