CCertihomes
212 Main Street, Otego, NY 13825

$295,000

0 beds 0 baths 10,784 sqft Built 19752 days on marketActive

About this home

Opportunity knocks! Will you answer? Take full advantage of the restaurant opportunity or use your creativity for a totally different business use. 3.6 Acres in Central New York, off Interstate 88 and on NY-7 offers you great curb-side visibility with plenty of parking, easy access, village water, restaurant equipment...and three rental units featuring instant income! Unbeatable opportunity to walk in, stock the shelves, decorate to your taste- and open the doors for business! Restaurant above grade square footage is 5, 179 sq ft, and has below grade square footage including walk-in coolers, prep and work areas of 2, 954 sq feet for a total restaurant square footage of 8, 133 square feet. The three residential apartments are 635 square feet, 740 square feet, and 1, 276 square feet. Total building above grade square footage is 7, 830 sqft, 2, 954 below grade sf, and 10, 784 total above and below grade sf. Property includes two lots with total 3.6 acres. Age of building is estimated to be from 1975.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$6,140/mo

Real estate (PITI + HOA + PMI)
$3,420
Principal + interest$1,893
Property tax + insurance$1,416
PMI / 2nd mortgage$111
Utilities
$5,479
Heating + cooling$2,590
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$6,140/mo TLC
Budget$6,640/mo
Remaining after TLC$500/mo
Purchase price
$295,000
Down payment
$14,750 (5%)
Loan amount
$280,250
APR
7.15%

Quick facts

Type
Business
Style
Year built
1975
Lot size
3.6 ac
Stories
1
Heating
Propane, Baseboard, HotWater
Cooling
Water
Public
HOA
Annual tax
$8,353
MLS #
R1563949
County
Otsego

At a glance

Basement
Garage

Home features

Exterior
PropaneTankLeased
Parking
CommonOnSite
Roof
Asphalt
Sewer
SepticTank

Neighborhood — 13825

MetricThis ZIPCountyUSA
Population3,60219,351,094299,088,112
Population Change Since19900.00%8.00%20.00%
Population Density60395
Male1,7369,381,926147,432,321
Female1,8669,969,168151,655,844
Never Married6244,946,39163,775,926
Married1,6837,166,701123,120,365
Separated1781,159,67312,639,686
Widowed2081,110,24515,467,586
Divorced2851,210,44823,075,029
Number Of House Hold1,3397,102,016111,826,380
Average House Hold Size2.642.642.60
Medial Age39.8436.5335.46
Median House Hold Income$38,536$49,847$48,276
Average House Hold Income$45,604$70,032$63,629
P C I$17,280$26,569$24,529
M D I$33,919$42,210$41,133
A T H E$41,155$54,185$50,898
S T R8.00%4.00%
W C J79.68%81.55%77.74%
(Zip) Code
13825

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 9/9/2024. Provided courtesy of Benson Agency Real Estate LLC via Buffalo MLS. Information deemed reliable but not guaranteed.

212 Main Street · Otego — $295,000 · Certihomes