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    118 North Prospect St Herkimer, NY 13350

    Sponsored
    For Sale
    $85,000

    Other - Herkimer, NY

    Property size:
    2,200 SF
    Days on Market:
    118
    Last Refresh:
    Jan 10 at 10:06 am

    Property Features for 118 North Prospect St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    2,200 SF

    Building Details

    Architectural style
    Other

    bruce ward & company (315) 866-2002 [email protected]

    Listing agent K Bruce Ward (315) 866-2002

    Listing date Sep 15, 2025

    MLS# 670239 Listing URL

    Copyright © 2026 Life and Homes. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Herkimer Mixed-Use Building For Sale

    This multi-use building is situated in a well-traveled commercial location. The property requires some interior improvements. The first floor offers flexibility for various uses, including office space, a storefront, an apartment, or a combination thereof. The second floor, accessible via a private entrance, features a four-room flat with a bathroom. The building is equipped with a newer gas-fired hot water baseboard heating system and two 100 amp electric panels. The property includes a low-maintenance exterior and ample parking. The building has a total size of 2200 square feet and is located in Herkimer, NY.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Herkimer
    County
    Herkimer
    State
    New York
    Longitude
    -74.9879136
    Latitude
    43.0254851

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    FAQs

    What type of property is this?
    Mixed-use property - Multi-use building in a well-traveled commercial location.
    Where is this mixed-use property located?
    The property is located at 118 North Prospect St Herkimer, NY.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: - Multi-use building suitable for office, storefront, apartment, or combination.; - High income potential in a well-traveled commercial location.; - Separate entrance to a four-room flat on the second floor.
    (315) 866-2002
    Request Owner's contact information
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    Herkimer, NY 13350
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 North Prospect St Herkimer, NY 13350
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