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Investment Highlights

  • Multiple Income Opportunities
  • Conversion Potential
  • Established Business

Executive Summary

Welcome to 3939 US Route 20 in Richfield Springs—a rare and highly versatile property offering a proven income-producing opportunity with exceptional future potential. Currently owner-occupied and operating as a successful restaurant, wedding venue, and Airbnb destination, this one-of-a-kind property blends hospitality, charm, and functionality—ideal for an investor, entrepreneur, or visionary owner-user. From the moment you arrive, the property showcases its scale and character, featuring expansive indoor dining and event spaces, warm wood finishes, and inviting gathering areas centered around two wood-burning fireplaces and two propane inserts—creating a memorable, year-round atmosphere. The flexible layout easily accommodates large events, intimate dining, or short-term rentals, offering multiple revenue streams under one roof. Extensive upgrades allow the next owner to step in with confidence, including a full re-plumb, refinished flooring throughout, and a newly installed residential kitchen with custom cabinetry and quartz countertops—making conversion to a private residence seamless if desired. Continue operating as a thriving business, transition into a luxury residence, or create a hybrid live/work concept. The owner currently resides on-site, highlighting the property’s everyday comfort and livability. Spacious bedrooms, multiple living areas, and preserved architectural details blend original charm with modern updates. Outside, a newly constructed barn/garage adds storage, utility, and future expansion potential, while the grounds provide ample space for outdoor events and guest enjoyment. Ideally positioned along US Route 20 just minutes from Cooperstown, the property offers strong visibility and accessibility while maintaining a private, destination-style setting. Please note: No closing prior to 11/01/2026.

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Property Facts

Price $1,649,500 CAD
Price Per Room $274,917 CAD
Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype Bed and Breakfast
Building Size 6,168 SF
No. Rooms 6
No. Stories 3
Year Built/Renovated 1789/2022

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 6 - -
Not walkable
10/100
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Number
215200-139-004-0001-062-000-0000
Land Assessment
$17,267 CAD
Improvements Assessment
$229,807 CAD
Total Assessment
$247,074 CAD
  • Listing ID: 41320581

  • Date on Market: 2026-07-16

  • Last Updated:

  • Address: 3939 US Highway 20, Richfield Springs, NY 13439

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