26 Main St - Restaurant FOR SALE


Oneonta, NY 13820
$1,475,000 USD
585-802-3327
26 Main St, Oneonta, NY for Sale
$1,475,000 USD
Restaurant - FOR SALE
1/35
null | Request Cap Rate

26 Main St
Oneonta, NY 13820


HIGHLIGHTS

  • Redevelopment, repositioning, or adaptive reuse
  • Zoned for restaurant, brewery, boutique lodging, wellness, office, or mixed-use concepts
  • Located in an Opportunity Zone
  • ±50 private parking spaces — a rare advantage in the downtown corridor
  • ±2,300 SF of residential space (3 bedrooms, 3 bathrooms) providing interim income
  • Owner Finance for the Business Sale

OVERVIEW

26 Main Street in Oneonta, NY presents a unique opportunity for investors, developers, or business owners to acquire a prominent mixed-use property with multiple paths for value. Located on Main Street with ±163 feet of frontage, the site benefits from high visibility and a dedicated turning lane for easy ingress and egress. The property sits on ±0.77 acres and includes private parking for approximately 50 vehicles—a rare amenity for downtown. The building totals ±7,754 square feet over two stories, blending historic charm with modern updates, including newer mechanical systems such as a furnace, AC units, and hot water heater. The property currently operates as Alfresco, a well-known restaurant, and offers a buyer the option to continue the existing business, rebrand with a new concept, or reposition the property entirely. Additional features include two on-site residential apartments totaling ±2,300 square feet with three bedrooms and three bathrooms combined, offering an added revenue stream or live-work flexibility. The property is zoned for a wide range of commercial uses, making it ideal for restaurants, breweries, boutique lodging, wellness, offices, or mixed-use redevelopment. Strategically located just off Interstate 88, the site captures both local and regional traffic, with an AADT of 12,008. Oneonta is home to SUNY Oneonta and Hartwick College, contributing a strong student population and consistent year-round demand. The city also benefits from a significant tourism base, driven by national baseball tournaments, Cooperstown All-Star Village events, and other attractions that bring thousands of visitors to the region annually. Whether you’re considering a business takeover, new concept, or full redevelopment, 26 Main Street offers strong fundamentals, strategic location advantages, and a versatile platform for growth.

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Alfresco's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1904

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

MU-1

APN/PARCEL ID

361200-300-010-0001-029-000-0000

ASK ABOUT THIS PROPERTY

Michael ConroyEXP CommercialMore Info
585-802-3327

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Michael ConroyEXP CommercialMore Info
585-802-3327

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