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    26 Hospital Rd Mineville, NY 12960

    For Sale
    $229,000

    Historic Building, Five-Apartment Potential

    Property size:
    5,255 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional mixed-use property at 26 Hospital Rd, Unit 26, Mineville, NY, presents a unique investment opportunity. Spanning 5,255 square feet on a 2.1-acre lot, this historic building boasts stunning valley views. Previously serving as a mine hospital and later as Moriah Town offices, the property has undergone significant renovations. The roof and windows have been completely replaced, and the brick exterior has been restored to its original beauty. All asbestos has been professionally removed, ensuring a safe and sound investment. Approved plans for conversion into five apartments (one studio, four one- and two-bedroom units) are included in the sale, offering immediate development potential. Exterior work is nearing completion, with interior renovations slated to begin mid-July. Ample parking is available, perfectly suited to the proposed multi-family use. This property offers a blend of historical charm and modern convenience, making it an ideal investment for discerning buyers seeking a high-return opportunity in a picturesque setting. The asking price is $229,000.

    Property Features for 26 Hospital Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,255 SF
    Lot Size
    91,476 SF

    Building Details

    Year Built
    1947
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Auto Repair Shop Food Market Grocery Store Discount Store Travel Agency Nursing Home Assisted Living Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Mineville
    County
    Essex
    State
    New York
    Longitude
    -73.527
    Latitude
    44.0899

    Nearby Comparable

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      Mineville Multifamily Development Opportunity

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      Historic Diner in Port Henry

      Charming diner with original features and modern amenities.
      5 St Pl Patrick's, Port Henry, NY
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    • $275,000
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      Historic Diner in Port Henry

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      Iconic Restaurant in Moriah Awaits

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    Nearby Similar for Sale

    • $199,000
      5,255 SF

      Mineville Multifamily Development Opportunity

      Approved for apartments and studio, ready for finishing.
      26 Hospital Rd, Mineville, NY 12960
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Historic Building, Five-Apartment Potential
    Where is this mixed-use property located?
    The property is located at 26 Hospital Rd Mineville, NY.
    What is the asking price?
    The asking price for this property is $229,000.
    (518) 962-8624
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    26 Hospital Rd Mineville, NY 12960
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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
    26 Hospital Rd Mineville, NY 12960
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