$275,000
Active
208 Days Online
0 Beds0 Baths10,145 SQFT
Active

187 Main Street Unadilla, NY 13849

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Complete package with pizzaria. 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 pizzaria 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.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyOtsego
  • Taxes$5,772
  • HOA/Condo/Coop Fees$0
  • Days on Site207 Days
  • MLS StatusActive
  • MLS ID NumberR1506113
  • Home Size Source N/A
  • Year Built1900
  • Lot Size0.27 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Brick
  • Parking Common
  • Parking Spaces 10
  • Sewer Septic Tank
  • Basement Full
  • Number of Stories 222
  • Acreage 0.27
  • Water Public
  • Zoning Commercial
  • Cross Street 357
  • Property Sub Type Business
  • Utilities Water Connected
  • Listing Conditions Standard

Interior Features

  • Heating OilForced Air
  • Flooring Carpet
  • Fireplaces 0
  • Fireplace No

Exterior Features

  • Roof MembraneRubber
  • Waterfront Property No

Community Features

  • Township Not Applicable
  • MLS Area Unadilla-366289

Schools

School District
Unatego
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$1,455
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