7629 State Highway 80 Springfield, NY $ 579,000
7629 State Highway 80
$ 579,000
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7629 State Highway 80

Springfield, NY, 13326
$ 579,000
Bedrooms-- Baths-- Sq 1,509

Monthly Estimate*

$ 3,565

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Commercial Property for sale in Springfield, NY for $579,000. This 1,509 square foot building was built in 1960 on a lot size of 0.32.

Rare Dual-Lot Opportunity: Thriving Commercial Restaurant + Elegant Residence. Unlock the full potential of this exceptional two-lot offering located in a vibrant, highly visible area—just located in 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: - Use as a one-bedroom apartment for 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 Home with Proven B&B history. Just steps away, this beautifully maintained 3-bedroom, 4-bath home 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 at Springfield Landing. Together, these properties offer multiple income streams, and strategic flexibility. Live in the home while running your business, 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.

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Commercial Pending

Price

$ 579,000

Property Type

Commercial

Taxes

$ 1,256

Style

Business

Lot Size

0.32

Year Built

1960

Town/City

Springfield

County/Region

OTSEGO

MLS | Web ID

R1642626

Features
General
Sewer SepticTank
Heating Propane Zoned Central
Cooling Zoned CentralAir
Utilities ElectricityConnected
Possession CloseOfEscrow
Roof Asphalt Metal
Zoning 411
Security Features FireSprinklerSystem
Construction Materials Frame
School District Cherry Valley-Springfield
Year Built 1960
Township Not Applicable
Property Subtype Business
Business Type BarTavernLounge
Waterfront Features BeachAccess Lake
Accessibility AccessibleFullBath AccessibleDoors AccessibleEntrance
Additional Parcels Description 41.06-1-40.01
County Otsego
Property Type CommercialSale
Possible Use Residential Restaurant Retail ServiceBusiness Service
Garage Y/N Yes
Building Features PoleSign PublicRestrooms Shelving
Status Pending
Directions From US-20 turn south onto NY-80. Follow approx. 1.2 miles property on the right. see sign. From Cooperstown follow Chestnut to Lake St. Turn left. Lake becomes NY-80. Follow approx. 10 miles. See
City Springfield
Body of Water Otsego Lake
High School District Cherry Valley-Springfield
Zoning Description Business
Number Of Units Total 0
MLS Area Springfield-366000
Lot Size Units Acres
Lot Size Square Feet 13939.0
Year Built Details Existing
Tax Annual Amount 1256.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://my.matterport.com/show/?m=DWpbPfXkWi6
Standard Status Pending
Middle/Junior School District Cherry Valley-Springfield
Elementary School District Cherry Valley-Springfield
Tax Assessed Value 72400
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 40
Property Sub Type Additional Business Office Apartment MixedUse Commercial
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Interior
Basement None
Flooring Carpet Hardwood Linoleum Varies 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
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Exterior
Exterior Amenities PropaneTankLeased
Parking Features Driveway OnSite
Lot Features IrregularLot
Water Source Well
Total Parking 23.0
Inclusions Equipment Land and Building Other - See Remarks
Lot Size Area 0.32
Number of Buildings 2
Building Area Total 1509.0
Lot Dimensions 45X232
Lot Size Acres 0.32
Waterfront Y/N No
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Internal Only
Street Number 1 7629
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* Excluded Features
List By
Cooperstown Brokers, Llc

Broker

michelebarry@cooperstownbrokers.com

Email

Affordability Calculator

$3,670
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,565
Monthly Property Taxes
$105
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
4122797 Elementary School
4122780 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/11/2025$579,000 -6.46% Price Down
10/5/2025$619,000 Listed Price

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7629 State Highway 80, Springfield, NY, 13326 is a Commercial Property for sale at $579,000 with 1,509 sqft and a lot size of 0.32. 7629 State Highway 80 was built in 1960. The property's zip code is 13326 which is in Springfield, NY