$275,000
bedrooms
0
bathrooms
0
square feet
10,145
Acreage
0.27
Open Houses
-
year built
1900
Full Baths
0
Half Baths
0
Complete package with pizzeria. Here is a rare opportunity to own a piece of history and generate good cash flow. This iconic building features four units on the 1st floor. The gem is a former pizzeria including two Blodgett stone pizza ovens, a Hobart dough mixer with attachments, six burner stove/hood, walk-in cooler, triple wash sinks, stainless & refrigerated prep surfaces, & more. Full basement storage space including a refrigeration & walk-in freezer. Tables and chairs for dining guests with a large open space for eating in, two public bathrooms, and handicap access. The other three units are storefronts with good exposure to Main St. The second floor, with proper updates, will be a stunning with 20’ ceilings, wood floors, and enormous windows. It has a bar and kitchen area, and rooms that can be converted into rentable shops or apartments. Ideal for local commerce with parking spaces behind plus a large adjacent town parking lot. The potential cap rate is 10%+ just from the 1st floor once fully rented. The upstairs is a bonus. Here is a chance to own a restaurant and receive cash flows from the tenants, or to create a destination spot that adds value to the entire community.
Location | |
Subdivision | - |
County | Otsego |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: R1506113
Listing agent:
Benjamin Holscher
#10401320780
Listing broker:
Keller Williams Upstate New York Properties
(607) 431-2540
Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Thursday, January 23 2025 at 11:51 p.m. EST
Kotohomes National
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