Listing Courtesy of: 607-376-7509 - Benjamin Holscher - Keller Williams Upstate NY Properties
607-431-2540
$275,000
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187 Main St Unadilla, NY 13849
Other
Residence
Beds
Baths
...
Bed/Bath
10,145
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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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.
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MLS#
R1506113
Property Type
Other
Year Built
1900
Square Feet
10,145
sq. ft
Lot Size
0.27
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