Grocery Store

Herkimer, NY Grocery And Convenience Stores for Sale

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Dollar General Store Investment Opportunity
Updated: Mar 26
Dollar General Store Investment Opportunity

110 East State St, Herkimer, NY 13350

$1,800,000
14,260 sqft
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.
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 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 1 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.

Equipped Grocery Market
Equipped Grocery Market

4919 Western Turnpike, Duanesburg, NY 12056

$669,000
1,575 sqft 0.34 AC lot

The offering brings together an operating food business, its real estate, fixtures, and equipment.

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Grocery Market with Equipment
Grocery Market with Equipment

4919 Western Tpke, Duanesburg, NY 12056

$669,000
1,575 sqft

The sale combines an operating food business, its building, real estate, fixtures, and equipment.

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Renovated Gas and Convenience Store
Renovated Gas and Convenience Store

281 Altamont Avenue, Schenectady, NY 12304

$1,990,000

Newly renovated gas and convenience store offered for sale, including on-site kerosene, propane, and ice sales.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

2502 Broadway, Schenectady, NY 12306

$249,000
9,505 sqft

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

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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.

Corner Commercial Land
Corner Commercial Land

11333 St Rt 12, Boonville, NY 13309

$89,900
1.00 AC lot

Development site with road frontage and power available at the road.

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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

401 Albany St, Herkimer, NY 13350-2023

Estimated value:
$6,955,000
56,530 sqft 10.50 AC lot
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Herkimer, NY Grocery And Convenience Stores Market Trends and Statistics

Explore 2 grocery and convenience stores for sale in Herkimer, NY on our real estate platform. These investment opportunities span a total of 14,260 square feet of properties for sale, with an estimated market value of $1,800,000.

Sale prices for supermarkets in Herkimer, NY average $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

Commercial property segments ranked by active listings on the market

Storefront properties 6
Auto shops 1
Automotive properties 1
Banks 1
Grocery and convenience stores 1

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 average 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 SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Herkimer County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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