Investor Alert – Turnkey Medical Facility with an almost 10% Cap Rate in Oneonta’s West End
Whether you’re expanding your portfolio or seeking a secure, income-generating asset, this premier medical facility offers the stability and growth you’re looking for! This modern, fully leased dermatology facility is located in the highly sought-after West End of Oneonta and offers a solid return on your investment, making it an attractive option for investors seeking stable, income-producing assets. The space is thoughtfully designed with a spacious waiting area, reception desk, nurses’ station, 5 private offices, 10 exam rooms, 2 operating rooms, a records room, and a break room. Conveniently, there are 6 half baths throughout the building. Ample paved parking is available in both the front and rear of the property, with an additional lot at the back for future expansion or added parking.
The property is under a triple net lease for the next 3.5 years with an established tenant and includes an option to renew—ensuring consistent cash flow and long-term potential.
Perfectly located just minutes from I-88 and close to Cooperstown All-Star Village, this property offers excellent accessibility and visibility.
If you're looking for a high-performing investment in a turnkey medical property, this is it.
Schedule your private showing today and secure almost 10% return from day one!
5,448 Sq Ft
0.93 Private Acres Exterior Space
Commercial
$20,285 Annual Tax
Built in 1968
MLS/Listing ID R1606216
Office
Parking - On Site
Lot - Irregular Lot
Heating - Gas
Construction - Frame
Accessible Doors
MARY RAB - 607-437-1694
Source of Data: NEW YORK STATE MLS