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    3115 State Route 28 Old Forge, NY 13420

    For Sale
    $499,000

    COMMERCIAL - Old Forge, NY

    Property size:
    1,460 SF
    Lot size:
    0.14 Acres
    Days on Market:
    100
    Last Refresh:
    Dec 11 at 10:17 am

    Property Features for 3115 State Route 28

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    041.51-1-69.2
    Parking
    6
    Appliances
    Electric Water Heater, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Range, Refrigerator
    Size
    1,460 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Oil, Wall Furnace

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Laminate, Carpet
    Building materials
    Batts Insulation, Vinyl Siding, Wood Siding
    Roof type
    Shingle, Asphalt

    Timm Associates (315) 369-3951 [email protected]

    Listing agent Sandra Albert (315) 790-9760

    Listing date Sep 3, 2025

    Copyright © 2025 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Old Forge Mixed-Use Investment

    Located on Main Street in Old Forge, NY, this commercial building is a year-round investment opportunity. The renovated property includes two apartments and a retail gift shop. The building has three units and a total size of 1460 square feet on a lot of 0.14 acres. The property is zoned commercial and is located in Herkimer County, NY.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Building Supply Spa & Massage Nail Salon Wholesale Shop Pharmacy Law Firm Food Market Storage Facility HVAC Service Dental Office

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

    Location Insight

    • Map
    • Local Demand
    City
    Old Forge
    County
    Herkimer
    State
    New York
    Longitude
    -74.971122
    Latitude
    43.71144

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    • $1,250,000
      5,022 SF

      Iconic Restaurant Landmark in Old Forge

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      2888 Ny-28, Old Forge, NY 13420
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    FAQs

    What type of property is this?
    Mixed-use property - Renovated 3-unit building with retail and apartments on Main Street.
    Where is this mixed-use property located?
    The property is located at 3115 State Route 28 Old Forge, NY.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Prime Main St location in Old Forge, NY; - Turn-key investment property with immediate occupancy potential; - **Fully renovated 3-unit commercial building** (2 apartments and 1 retail space)
    (315) 790-9760
    Request Owner's contact information
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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
    3115 State Route 28 Old Forge, NY 13420
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