1. New York
2. Unadilla
3. 187 Main Street

187 Main Street, Unadilla, NY 13849

• 10,145 sqft

Property Description

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.

Listing Status:

Active

Date Added:

June 16, 2025 at 05:00AM

Listing Office:

Keller Williams Upstate NY Properties : 607-431-2540

Listing Agent:

Benjamin Holscher : 607-376-7509

MLS ID:

R1615364

Interior

• Basement: Full
• Flooring: CarpetHardwoodLinoleumVariesVinyl
• Heating: OilForced Air
• Fireplace: Fireplaces: 0

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Benjamin Holscher, Keller Williams Upstate NY Properties