Otsego NY Real Estate & Homes for Sale

Welcome to 6208 NY-28 in Fly Creek - a rare mixed-use investment opportunity that perfectly blends small-town charm, modern updates, and immediate business potential. Ideally located just minutes from Cooperstown and the renowned Fly Creek Cider Mill, this highly visible corner property sits in the heart of the hamlet, offering outstanding exposure for business and convenience for residents alike. This impressive building features two commercial spaces and four residential rental units, creating multiple income streams under one roof. The anchor commercial space is currently configured as a fully equipped restaurant and bar, featuring an elegant dining room with tall ceilings, hardwood floors, and large windows that fill the space with natural light. A professional kitchen, handcrafted bar, and outdoor deck create the perfect setting for indoor and seasonal dining. The restaurant space is ready for its next chapter, offering an opportunity for an operator to step in and bring their concept to life quickly. Ownership is open to assisting during the transition to help ensure a smooth start for the next steward of this well-known local establishment. Adjacent to the restaurant is a second commercial storefront currently operating as a consignment shop. With its own entrance, display windows, and flexible layout, this space offers excellent potential for retail, office, gallery, or studio use. Upstairs are four spacious residential apartments, each well maintained with updated kitchens and baths, comfortable living areas, and private entrances. These units provide consistent rental income and strong occupancy history, creating reliable cash flow to complement the commercial spaces below. Additional highlights include ample parking, updated mechanical systems, and a beautifully restored exterior that reflects the timeless character of Fly Creek. The property also features scenic rear views and a generous lot with open green space. Motivated seller - with multiple income streams and a business-ready restaurant space, this property presents a compelling opportunity for investors or entrepreneurs alike.