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$ 1,175,000
Est. payment | /mo
2.8 Acres Lot
$ 1,175,000
Est. payment | /mo
2.8 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 986738
Rental Info No
Year Built 1760
Annual Tax Amount $5,113
Lot Size 2.800 Acres
Acres 2.8
Property Sub-Type Mixed Use
Source onekey2
Property Description
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.
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.
Location
State NY
County Out Of Area
Rooms
Basement Partial
Interior
Heating Baseboard, Forced Air, Propane, Wood
Cooling Ductless, Wall/Window Unit(s)
Flooring Ceramic Tile, Hardwood, Other
Fireplace No
Exterior
Utilities Available Electricity Connected, Phone Connected, Propane, Sewer Connected, Water Connected
Building
Story 3
Foundation Other
Sewer Septic Tank
Water Private
Structure Type Stone
Others
Special Listing Condition None
Listed by River Hills Properties LLC • Brandon Mosher
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Jeffrey Jimenez
Licensed Real Estate Salesperson | License ID: 10401267947