Herkimer, NY
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    Herkimer, NY Grocery And Convenience Stores for Sale

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    Mohawk, NY Ilion, NY Frankfort, NY
    Dollar General Store Investment Opportunity
    $1,800,000
    13,798 SF

    Dollar General Store Investment Opportunity

    110 E State St, Herkimer, NY 13350

    Profitable Dollar General store with additional land in Herkimer.

    • Net Operating Income: Generates $59,884 annually.
    • Anchor Tenant: Leased to Dollar General, providing passive income.
    • High‑Traffic Location: Situated on State Street with excellent visibility and over 23,000 vehicles passing daily.
    • Lease Terms: 3 years remaining on the base term with built‑in rent increases.
    • Strategic Location: Positioned in the heart of Herkimer Village, within a thriving retail corridor.
    Updated: Apr 22, 2025
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    Mixed-Use Student Housing Investment
    Contact for pricing
    36,500 SF

    Mixed-Use Student Housing Investment

    650 W German St, Herkimer, NY 13350

    Mixed-use property with student housing and commercial revenue streams.

    • Diversified "three‑pillar" income model provides stable cash flow and reduces risk.
    • Institutional cash flow with direct payments from institutions and schools virtually eliminates student‑tenant collection risk.
    • Located in a designated Opportunity Zone, offering potential tax advantages for investors.
    • Mixed‑use property with on‑site restaurant, convenience store, and other amenities generates year‑round revenue.
    • High parking ratio (1.29/bed) provides a competitive advantage.
    Updated: Feb 23
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Herkimer, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Stratford Commercial Building on Trail
    $279,900
    2,320 SF

    Stratford Commercial Building on Trail

    Turn-key store and diner with rental income in Adirondacks.

    6186 State Hwy 29A, Stratford, NY 13470
    View details
    New Dollar General Market Lease
    $2,740,460
    12,480 SF

    New Dollar General Market Lease

    New 15-year Dollar General Market lease in Barneveld, NY.

    8125 State Route 12, Barneveld, NY
    View details
    Turnkey Mixed-Use Property in Schenectady
    $579,000
    2,438 SF

    Turnkey Mixed-Use Property in Schenectady

    Mixed-use property with commercial kitchen and residential apartment in Schenectady.

    1685 Van Vranken Avenue, Schenectady, NY 12308
    View details
    Mixed-Use Building with Apartments
    $249,000
    9,505 SF

    Mixed-Use Building with Apartments

    Mixed-use building suitable for retail, church, or gym.

    2502 BROADWAY, Schenectady, NY 12306
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land with Insulated Garage
    $145,000
    2.50 Acres

    Land with Insulated Garage

    2.5-acre property with garage, well, and septic system.

    4993 State Highway 29, Johnstown, NY 12095
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    Commercial Lot on State Route
    $89,900
    1.00 Acre

    Commercial Lot on State Route

    One-acre commercial lot with high visibility and road frontage.

    11333 St Rt 12, Boonville, NY 13309
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    Commercial Land at Route 23
    $50,000
    1.40 Acres

    Commercial Land at Route 23

    Commercial land with good access at Routes 23 and 145.

    Route 23, Cairo, NY 12058
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    Commercial Land Near Greek Peak
    $32,000
    6.00 Acres

    Commercial Land Near Greek Peak

    6-acre commercial land near Hope Lake Lodge and Greek Peak.

    Route 392, Cortland, NY 13045
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    Off-Market Properties in Herkimer, NY

    Consider similar Off-Market properties in Herkimer, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    401 Albany St
    GROCERY, SUPERMARKET
    56,530 SF Lot: 10.50 Acres
    Estimated value
    $6,955,000

    401 Albany St, Herkimer, NY 13350-2023

    View details

    Herkimer, NY Grocery And Convenience Stores Investment Opportunities Market Analysis

    Explore 3 grocery and convenience stores for sale in Herkimer, NY on our real estate platform. These investment opportunities span a total of 13,798 square feet of properties for sale, with an estimated market value of $1,800,000.

    Sale prices for supermarkets in Herkimer, NY start at $1,800,000, averaging $1,800,000, and reaching up to $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Storefront properties 3
    Grocery and convenience stores 2
    Shopping centers 1

    Property Size Breakdown

    The majority of commercial real estate listings in Herkimer fall within the 10,000 to 25,000 square foot range.

    Demographics Overview

    Population 9,641
    Population Growth (5Y) -1.9%
    Median Household Income $62,548
    College Educated 28.7%

    High-Yield Neighborhoods for Investment

    Identify Herkimer submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    13350 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 6.31%
    Property Tax per SF $70.25 per sq ft
    Average Loan-to-Value 65.0%

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