70 Otsego St German Flatts, NY ^$ 1,500,000

70 Otsego St

^$ 1,500,000

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70 Otsego St

German Flatts, NY, 13357

^$ 1,500,000

Studio Baths0.0 Sq 5,784

Monthly Estimate*

^$ 10,478

70 Otsego St, German Flatts, NY 13357 - Image 1

70 Otsego St, German Flatts, NY 13357 - Image 2

70 Otsego St, German Flatts, NY 13357 - Image 3

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Studio

Commercial Property for sale in German Flatts, NY

for $1,500,000. This 5,784 square foot building was built in 1960.

Welcome enterpreneurs!!!! This is a business opportunity of a LIFETIME and now available. The sale includes, real estate property building 5,784 sq ft building which is a wholesale Beer & Beverage store and an additional retail rental space currently rented. The business is a multi million dollars sales operation with amazing cash flow. The sale also includes NY State Wholesale Beer and Beverage License Class C Lic. This allows you to sell product anywhere in NY, Furniture, Fixtures and Equipment and delivery vehicle. Inventory is extra. There is much opportunity to grow. This is a chance to create your own financial freedom....

Commercial Pending

Price

^$ 1,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,349

Style

Commercial

Year Built

1960

Town/City

German Flatts

County/Region

Herkimer

MLS | Web ID

S1459042

Features

General

Sewer PublicSewer

Heating Gas ForcedAir

Cooling CentralAir

Utilities SewerConnected WaterConnected

Possession CloseOfEscrow

Roof Membrane Rubber

Zoning B1

Construction Materials Block

Year Built 1960

Stories 1

Township Ilion-Village

Levels One

Property SubType Commercial

Gross Income 400000.0

County Herkimer

Net Operating Income 392651.0

Property Type CommercialSale

Possible Use Retail

Status Pending

Directions Located on Otsego st

City German Flatts

High School District Central Valley

Zoning Description Commercial

Total Units 2

MLS Area Ilion Village-German Flatts-212801

Waterfront Y/N No

Street Name Otsego St

Year Built Details Existing

Tax Annual Amount 7349.0

Property Condition Resale

Lease Considered Y/N No

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1459042 https://www.crexi.com/properties/1071753/new-york-beer-belly-bobs

Days on Market 368

Standard Status Pending

Middle/Junior School District Central Valley

Elementary School District Central Valley

Tax Assessed Value 120000

TaxOtherAnnualAssessmentAmount 0.0

Property Sub Type Additional Commercial

Interior

Basement None

Flooring Linoleum Vinyl

Total Fireplaces 0

Total Stories 1

Basement (Y/N) No

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N No

Main Level Bathrooms 0

Total Baths 0

Exterior

Parking Features Common

Water Source Public

Total Parking 15.0

Inclusions Land Building and Business

Number of Buildings 1

Building Area Total 5784.0

Lot Dimensions 87X170

Lot Size Units Acres

Internal Only

Street Number 1 70

* Excluded Features

List By

Keller-Williams Mohawk Valley

Broker

(315) 868-3933

Phone

Affordability Calculator

$11,090

Per Month

Monthly Principal & Interest: $10,478
Monthly Property Taxes: $612
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in German Flatts, NY

Average List Price ^$442,757

Percent of Sale Price 70%

About German Flatts, NY

12,483 Population

-9% Since 2002

^$45,989 Median Income

41.18 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3040778 Elementary School

3041152 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/10/2023	$1,500,000		Listed Price

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70 Otsego St, German Flatts, NY, 13357 is a Commercial Property for sale at $1,500,000 with 5,784 sqft. 70 Otsego St is a studio with 0.0 baths and was built in 1960. The property's zip code is 13357 which is in German Flatts, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this site's owner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Fair Housing Notice (FHN)-https://www.dos.ny.gov/licensing/docs/FairHousingNotice_new.pdf

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70 Otsego St

Commercial Property for sale in German Flatts, NY

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