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42 River Street
Oneonta NY 13820 US

$329,000

Active Listing ID 128367
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5 bed
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3.00 Bath (2 Full Bath , 1 Half Bath)
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Built in 1924
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Lot: 0.43 acre
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Other

$329,000

Active Listing ID 128367
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42 River Street NYS OPPORTUNITY ZONE LOCATION! Serious tax incentives from NYS are yours at this rare Opportunity Zone location! Very few areas in NYS qualify, but this slice of Oneonta does! If you are seeking a turn-key business, or have your own business and need a location where you can grow, you must take a look at 42 River Street in Oneonta! Since 1924, this has been the home of the Foti Bakery. The bakery business is turn-key ready, with commercial oven, mixer, molder, slicer, and all the related equipment to process the one and only Foti Italian Bread and Kaiser Rolls, known throughout the county and beyond! If you already have a business, take the entire first floor- including front cafe' area- and you will have plenty of square footage, ceiling height, front and rear parking, and delivery area to grow your own business- and keep growing- for decades! The lands in back allow for building, or simply a ramped up parking expansion. Two second floor apartments provide immediate cash flow- spacious former owner's 3 bedroom apartment, plus an equally spacious two bedroom front apartment will help you defray the costs of building ownership! Great location for walkability and drive-by clientelle!

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Property Features

  • Facts
  • Built in: 1924
  • Lot Size: 0.43 acre
  • Property Type: Commercial
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • 1/2 Bathrooms: 1
  • Roof Type: Asphalt
  • Additional Features
  • Basement
Listing Changed: 12/1/2020 3:48:04 PM GMT
Source Updated Date: 1/20/2021 6:30:05 AM GMT

Courtesy of: Rodger Moran, Benson Agency Real Estate LLC

Listing Source - ListHub

Copyright © 2020 Otsego Delaware Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.