7629 State Highway 80, Springfield, NY 13326 (MLS # R1642626)
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Rare Dual-Lot Opportunity: Thriving Commercial Restaurant + Elegant Victorian Residence. Unlock the full potential of this exceptional two-lot offering located in a vibrant, highly visible area"”just minutes from Cooperstown, NY - perfect for entrepreneurs, investors, or those seeking the ultimate live/work lifestyle. Lot 1: Established Restaurant with Expansion Potential Turnkey business opportunity with this popular, locally loved restaurant, operating in a high-traffic location. The property offers a fully compliant commercial kitchen, indoor and outdoor dining, and a loyal customer base already in place. Adjacent to the restaurant is a versatile, finished area with loads of options: -Convert into a one-bedroom apartment for staff or additional rental income -Expand the dining or event space to increase revenue -Build out as a professional office, ideal for a variety of business types Lot 2: Lovely Victorian Home with Proven B&B history. Just steps away, this beautifully maintained 3-bedroom, 4-bath Victorian offers charm and flexibility. With a history as a successful Bed & Breakfast, this residence is ideally positioned for hospitality income"”or continue its current use as a gracious single-family home. Highlights include: -Period details and modern comforts -Bedrooms with a private baths -Walkable to neighboring property for a seamless live/work experience -Ample parking -Otsego Lake Rights Together, these properties offer multiple income streams, and strategic flexibility. Live in the Victorian while running your restaurant, lease out one or both for maximum ROI, or bring your own vision to life with expansion-ready spaces. With flexible zoning and room to grow, this property is a rare opportunity for entrepreneurs, investors, or creatives looking to thrive in a scenic, high-traffic area close to major cultural and tourist destinations. A unique investment. A lifestyle opportunity. A canvas for your next chapter. Please see MLS#R1641114 to view residence associated with this remarkable opportunity.
DAYS ON MARKET | 7 | LAST UPDATED | 10/4/2025 |
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YEAR BUILT | 1960 | COMMUNITY | Springfield-366000 |
COUNTY | Otsego | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AIR | Central Air, Zoned |
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AIR CONDITIONING | Yes |
AREA | Springfield-366000 |
BASEMENT | None |
CONSTRUCTION | Frame |
GARAGE | Yes |
HEAT | Central, Propane, Zoned |
HOA DUES | Business |
LOT | 0.32 acre(s) |
LOT DESCRIPTION | Irregular Lot |
LOT DIMENSIONS | 45X232 |
PARKING | Driveway, On Site |
SEWER | Septic Tank |
STORIES | 1 |
TAXES | 1256 |
UTILITIES | Electricity Connected |
WATER | Private, Well |
WATER ACCESS | Otsego Lake |
WATERFRONT DESCRIPTION | Beach Access, Lake |
ZONING | Business |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by: Michele M. Barry, Lake Lady Property Management, LLC
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