CCertihomes
187 Main Street, Unadilla, NY 13849

$270,000

0 beds 0 baths 10,145 sqft Built 19000 days on marketActive

About this home

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.

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
$5,660/mo

Real estate (PITI + HOA + PMI)
$3,155
Principal + interest$1,732
Property tax + insurance$1,322
PMI / 2nd mortgage$101
Utilities
$5,024
Heating + cooling$2,360
Internet + TV + phone$138
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$138
$5,660/mo TLC
Budget$6,160/mo
Remaining after TLC$500/mo
Purchase price
$270,000
Down payment
$13,500 (5%)
Loan amount
$256,500
APR
7.15%

Quick facts

Type
Commercial
Style
Year built
1900
Lot size
0.27 ac
Stories
2
Heating
Oil, ForcedAir
Cooling
Water
Public
HOA
Annual tax
$7,831
MLS #
R1615364
County
Otsego

At a glance

Basement

Home features

Parking
Common
Flooring
Carpet, Hardwood, Linoleum, Varies, Vinyl
Roof
Membrane, Rubber
Sewer
SepticTank

Lot features

IrregularLot

Neighborhood — 13849

MetricThis ZIPCountyUSA
Population5,15419,351,094299,088,112
Population Change Since19903.00%8.00%20.00%
Population Density66395
Male2,5399,381,926147,432,321
Female2,6159,969,168151,655,844
Never Married9244,946,39163,775,926
Married2,3207,166,701123,120,365
Separated1791,159,67312,639,686
Widowed3711,110,24515,467,586
Divorced4441,210,44823,075,029
Number Of House Hold1,9727,102,016111,826,380
Average House Hold Size2.612.642.60
Medial Age39.2236.5335.46
Median House Hold Income$37,796$49,847$48,276
Average House Hold Income$46,621$70,032$63,629
P C I$17,857$26,569$24,529
M D I$33,229$42,210$41,133
A T H E$41,723$54,185$50,898
S T R4.00%
W C J79.16%81.55%77.74%
(Zip) Code
13849

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

Map & walkability

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Listing information last refreshed 6/16/2025. Provided courtesy of Keller Williams Upstate NY Properties via Buffalo MLS. Information deemed reliable but not guaranteed.