607-427-8282
187 Main St, Unadilla, NY for Rent

$12.00-$13.80 USD /SF/yr

Retail - For Rent
1/20
550-2,300 SF | 2 Spaces

NEW


187 Main St
Unadilla, NY 13849


OVERVIEW

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 with two current tenancies with a monthly income of $1500. The rentable space could earn an additional $2,500/month. 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.

RENTAL DETAILS

SPACE AVAILABLE

550-2,300 SF

# OF SPACES

2

RENT RATE (MO)

$1.00-$1.15 USD /SF/mo

RENT RATE (YR)

$12.00-$13.80 USD /SF/yr

LEASE TYPE

Full Service Gross, TBD

LEASE LENGTH

1-5 Years

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

10,145 SF

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

Commercial

ASK ABOUT THIS PROPERTY

Ben HolscherThe Holscher TeamMore Info
607-427-8282

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Ben HolscherThe Holscher TeamMore Info
607-427-8282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.