3939 State Route 20, Richfield Springs NY 13439 Richfield Springs, NY $ 1,175,000
3939 State Route 20, Richfield Springs NY 13439
$ 1,175,000
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3939 State Route 20, Richfield Springs NY 13439

Richfield Springs, NY, 13439
$ 1,175,000
Bedrooms-- Baths-- Sq 6,168

Monthly Estimate*

$ 7,235

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Commercial Property for sale in Richfield Springs, NY

for $1,175,000. This 6,168 square foot building was built in 1760 on a lot size of 2.8.

Welcome to 3939 US Route 20 in Richfield Springs—a rare and highly versatile property offering an established income-producing opportunity with endless future potential. Currently owner occupied residence operating as a successful restaurant, wedding venue, and Airbnb destination, this one-of-a-kind property seamlessly blends hospitality, charm, and functionality, making it ideal for an investor, entrepreneur, or visionary owner-user. From the moment you arrive, the property showcases its character and scale—featuring expansive indoor dining and event spaces, warm wood finishes, and inviting gathering areas anchored by two wood-burning fireplaces and two propane insert fireplaces, creating an unforgettable atmosphere for guests year-round. The layout easily accommodates large events, intimate dining experiences, or short-term rental stays, offering multiple revenue streams under one roof. Significant upgrades have already been completed, allowing the next owner to step in with confidence. The current owner has re-plumbed the entire property, refinished all flooring throughout, and recently installed a brand-new residential kitchen featuring custom cabinetry and quartz countertops—opening the door for a seamless conversion to a private residence if desired. The flexibility here is unmatched: continue operating as a thriving commercial venture, transition into a luxury residence, or create a hybrid live/work concept. The owner currently occupies the property as a residential home, further highlighting its comfort, functionality, and everyday livability. Upstairs and throughout the home, you’ll find spacious bedrooms, multiple living areas, and preserved architectural details that maintain the property’s original charm while incorporating modern updates for today’s lifestyle. Outside, a newly constructed barn/garage adds additional storage, utility, and future expansion possibilities. The grounds provide ample space for outdoor events, gatherings, and guest enjoyment. Strategically located along US Route 20 and just a few miles north of Cooperstown, this property benefits from strong visibility and accessibility while still offering a private, destination-style setting that keeps guests coming back. Please note: No closing to occur prior to 11/01/2026. This is more than a property—it’s a fully built experience, a proven business model, and a blank canvas for whatever vision comes next.

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Commercial Active

Price

$ 1,175,000

Property Type

Commercial

Taxes

$ 5,113

Style

Mixed Use

Lot Size

2.8

Year Built

1760

Town/City

Richfield Springs

County/Region

Otsego

MLS | Web ID

986738

Features
General
Sewer Septic Tank
Heating Baseboard Forced Air Propane Wood
Cooling Ductless Wall/Window Unit(s)
Utilities Electricity Connected Phone Connected Propane Sewer Connected Water Connected
Construction Materials Stone
Year Built 1760
Property Subtype Mixed Use
Tax Year 2024
Business Type Bed & Breakfast Hotel/Motel Mixed Professional Service Restaurant
County Out of Area
Property Type Commercial Sale
Directions Only a few miles North of Cooperstown New York!
City Out of Area
Property Attached Y/N Y
Tax Annual Amount 5113
Building Area Units Square Feet
Standard Status Active
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Interior
Basement Partial
Flooring Ceramic Tile Hardwood Other
Total Stories 3
Basement Features Partial
Basement (Y/N) Y
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Exterior
Water Source Private
Foundation Details Other
Building Area Total 6168
Waterfront Y/N N
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Internal Only
Street Number 1 3939
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* Excluded Features
List By
Brandon Mosher

Listing Agent

River Hills Properties Llc

Broker

RiverHillsBrandon@gmail.com

Email

Affordability Calculator

$7,661
Per Month
94%
6%
0%
Monthly Principal & Interest
$7,235
Monthly Property Taxes
$426
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
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2026$1,175,000 Listed Price

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3939 State Route 20, Richfield Springs NY 13439, Richfield Springs, NY, 13439 is a Commercial Property for sale at $1,175,000 with 6,168 sqft and a lot size of 2.8. 3939 State Route 20, Richfield Springs NY 13439 was built in 1760. The property's zip code is 13439 which is in Richfield Springs, NY