2208 Broad St Frankfort, NY 13340
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.