42 River St, Oneonta, NY 13820

21 Photos
 
$230,000 Sold Price
Sold on 5/10/2022
 
Listing ID 10945761
Property Type Commercial
County Otsego
Township Oneonta
School ONEONTA CITY SCHOOL DISTRICT
Total Tax $4,465
Tax ID 361200-300.009-0001-029.000
FEMA Flood Map fema.gov/portal
Year Built 1924
   
Virtual Tour
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!
Property Details
  • 2 Full Baths
  • 1 Half Bath
  • 4486 SF
  • 0.43 Acres
  • Built in 1924
  • 2 Stories
  • Available 10/13/2020
  • Full Basement
Unit Information
Half Baths: 1
Unit #2 – Bedrooms: 3, Full Baths: 1
Unit #3 – Bedrooms: 2, Full Baths: 1, Occupied
Interior Features
  • Hardwood Flooring
  • Vinyl Flooring
  • Hot Water
  • Forced Air
  • Gas Fuel
  • Natural Gas Avail
Exterior Features
  • Masonry - Concrete Block Construction
  • Stucco Siding
  • Asphalt Shingles Roof
  • Municipal Water
  • Municipal Sewer
Taxes and Fees
  • $2,629 School Tax
  • $1,836 County Tax
  • $4,465 Total Tax
Sale Information
  • Sold on 5/10/2022
  • Sold for $230,000
  • Buyer's Agent: Rodger Moran
  • Company: Benson Agency Real Estate, LLC.
Previously Listed By
BENSON AGENCY REAL ESTATE LLC
Office: 607-432-4391
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