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 Details
Price:
$295,000
MLS #:
R1506113
Status:
Active
Beds:
0
Baths:
0
Address:
187 Main Street
Type:
Commercial
Subtype:
Business
City:
Unadilla
Listed Date:
Nov 2, 2023
State:
NY
Finished Sq Ft:
10,145
ZIP:
13849
Lot Size:
0 acres
Year Built:
1900
Listing courtesy of Keller Williams Upstate NY Properties,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-05-06.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-05-06.
187 Main Street
Unadilla, NY
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Schools
School District:
Unatego
Interior
Flooring
Carpet
Heating
Oil, Forced Air
Exterior
Construction Materials
Brick
Parking Features
Common
Parking Spots
10
Roof
Membrane, Rubber
Financial
Buyer Agent Compensation
2.5%
Taxes
$5,772
Map
Community
- Address187 Main Street Unadilla NY
- CityUnadilla
- CountyOtsego
- Zip Code13849
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