Property profile

13 Main St Gloversville, NY 12078

OFF-MARKET
Investment properties
Property ID
US63-1946008
9,050 SF 0.06 ac lot Built 1900
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 13 N Main St, Unit 13, in the vibrant city of Gloversville, New York. The property boasts a highly desirable Main Street address, ensuring excellent visibility and foot traffic for your business. The unit itself offers a convenient and accessible location within the building. The property sits on a 0.01-acre lot, providing ample space for potential outdoor signage or customer access. Priced competitively at $79,000, this property presents a fantastic investment opportunity for entrepreneurs seeking a well-situated retail space in a thriving community. The property's size is not specified, allowing for flexibility in business planning and customization. Its Main Street location in Gloversville offers significant potential for attracting a diverse customer base. This is a rare chance to establish or expand your business in a prime commercial location. The asking price makes this an attractive proposition for those seeking a cost-effective entry into the Gloversville market. Don't miss this chance to secure a prominent retail presence in a bustling area. Act quickly, as opportunities like this are seldom available. The property is ready for immediate occupancy, allowing for a swift and seamless transition into your new business venture.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 9,050 SF
Lot 0.06 ac (2,500 SF)
Zoning code C
APN 170500 149.6-5-6
UPID US63-1946008

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

13 Main St Gloversville, NY 12078-3003
Gloversville metro Census 970700 GLOVERSVILLE, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 2020
Last sale
$25,000
1 recorded transaction
2020
$25,000

Zoning & alternative use

C · Gloversville, NY
Zoning description

(1) Any use permitted within the C Commercial District, but not including any dwelling, school, hospital or other institution for human health care involving overnight care of patients. (2) Automobile repair, painting an…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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