3939 State Route 20, Richfield Springs Ny 13439, Other, NY 13439

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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.

3939 State Route 20, Richfield Springs Ny 13439 | MLS# 986738

This commercial property located at 3939 State Route 20, Richfield Springs Ny 13439, Other, NY 13439 is currently listed for sale with an asking price of $1,175,000. Search Other real estate on debbie-falcone.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Multiple
Basement: Partial
Basement: Yes
Cooling: Ductless, Wall/Window Unit(s)
Heating: Baseboard, Forced Air, Propane, Wood
Lot Size: 2.80 Acres
Stories: 3.0
Taxes: $5,113
Year Built: 1760

Feature Descriptions

Building Area Total: 6168
Business Type: Bed & Breakfast, Hotel/Motel, Mixed, Professional Service, Restaurant
Exterior: Stone
Flooring: Ceramic Tile, Hardwood, Other
On Market Date: 2026-04-18
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Septic Tank
Utilities: Electricity Connected, Phone Connected, Propane, Sewer Connected, Water Connected
Water: Private

Demographics

Listed By / Shown By

Listing By

Agency Name: River Hills Properties LLC
Agency Phone: 315-896-1009

Shown By

Agent Name: Debbie Falcone
Agent Phone: (516) 695-9460
Agency Title: Timberland Properties

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