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    114 Main St Sherman, NY 14781

    For Sale
    $200,000

    Spacious commercial building, high ceilings, multiple levels.

    Property size:
    13,836 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This unique, historic mill located at 114 E Main St, Sherman, NY presents a remarkable investment opportunity. Boasting 13,836 square feet across three levels on a half-acre lot, this property offers immense potential for a variety of commercial uses. The main level features a renovated office area complete with two bathrooms and a kitchen, seamlessly transitioning into a spacious shop area. High ceilings, a recently installed blower system, and a three-bay loading area enhance functionality. A rear storage room, extending the length of the building, includes sleeving for various materials. Significant exterior improvements, facilitated by a $20,000 grant, enhance the property's curb appeal. The second floor reveals a large open area with potential for various uses, including a former grain storage area and ample cabinet space. New flooring and a compressor are included. The dry basement provides extensive storage, a rear exterior door, and electrical panels with 500-amp service. This property is priced at $200,000 and awaits a visionary owner to unlock its full potential. The combination of historical charm, substantial square footage, and modern improvements makes this a truly exceptional offering in the heart of Sherman.

    Property Features for 114 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    13,836 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1920
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Cooler Bar and Grille Bar

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Pharmacy Bar & Pub Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Chautauqua
    State
    New York
    Longitude
    -79.59456
    Latitude
    42.1593

    Nearby Comparable

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    • $65,000
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    Nearby Similar for Sale

    • $65,000
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      Large Commercial Building on Main

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      124 E Main St, Sherman, NY 14781
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    • $200,000
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      Historical Mill with Modern Potential

      Unique village mill with improvements and business possibilities.
      103 E Main St, Sherman, NY 14781
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    • $45,000

      Sherman Retail Building For Sale

      Commercial building in the heart of Sherman with retail space.
      110 W Main St, Sherman, NY 14781
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    • $69,000
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      Sherman Commercial Gem

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      125 Main St, Sherman, NY 14781
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    FAQs

    What type of property is this?
    Commercial real estate - Spacious commercial building, high ceilings, multiple levels.
    Where is this commercial real estate located?
    The property is located at 114 Main St Sherman, NY.
    What is the asking price?
    The asking price for this property is $200,000.
    (716) 763-7506
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    114 Main St Sherman, NY 14781
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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
    114 Main St Sherman, NY 14781
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