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    2208 Broad St Frankfort, NY 13340

    Sponsored
    For Sale
    $475,000

    7,344 sq ft Commercial Space, Great Location

    Property size:
    7,344 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This expansive 7,344 square foot commercial building presents a significant opportunity in Frankfort, NY. Strategically located near the border of Herkimer and Oneida Counties, with convenient access to State Route 5S, this property boasts exceptional versatility. The building features four 14ft x 14ft overhead doors, three 7ft x 8ft loading dock doors (one with a ramp), ensuring efficient loading and unloading capabilities. Three-phase power is already installed, along with public water and sewer connections, simplifying operational setup. Inside, you'll find a half-bath, office space, and ample storage areas. The property includes five tax map parcels – four in Herkimer County and one in Oneida County – offering flexibility and potential for expansion or subdivision. The substantial outdoor space provides ample parking or storage. The building is heated by a forced hot air system. This property's size and features make it ideal for a variety of commercial uses, from warehousing and distribution to manufacturing or retail. The potential for leasing portions of the building to multiple tenants further enhances its investment appeal. Don't miss this chance to acquire a prime commercial property with significant upside.

    Property Features for 2208 Broad St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,344 SF
    Lot Size
    36,155 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Herkimer
    State
    New York
    Longitude
    -75.1814
    Latitude
    43.09253

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    FAQs

    What type of property is this?
    Commercial real estate - 7,344 sq ft Commercial Space, Great Location
    Where is this commercial real estate located?
    The property is located at 2208 Broad St Frankfort, NY.
    What is the asking price?
    The asking price for this property is $475,000.
    (315) 219-5990
    Request Owner's contact information
    2208 Broad St Frankfort, NY 13340
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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
    2208 Broad St Frankfort, NY 13340
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