Dollar General Store Investment
For Sale
$1,800,000
110 East State St, Herkimer, NY 13350
Profitable Dollar General store with additional land in Herkimer.
Property Size14,260 SF
Price / SF$130.45
Days on Market151
Property Features for 110 East State St
General Information
Standard status
Active
Size
14,260 SF
Property subtype
Commercial Lots & Land
Taxes and HOA fees
Annual Taxes
$43,359
Building Details
Building Size
14,260 SF
Year Built
1960
Stories
2
Listing Agency:
Keller-Williams Mohawk Valley
(315) 868-3933
Listed By:
Delbert Ball · License #10401300636
(315) 868-3933
Source:
Wcirealty
Added: Mar 26
Changed: Aug 23
Last Checked: Aug 22 at 7:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller-Williams Mohawk Valley
Investment Insights
Based on property information with market context.
This property features a Dollar General store with an additional building and land. The property generates a net operating income of $59,884. Located on a high-traffic section of State Street, the site benefits from daily traffic of over 23,000 vehicles. Dollar General serves as the anchor tenant, providing passive income and a corporate guarantee. The lease has 3 years remaining on the base term and includes rent increases. The property is located in the heart of Herkimer Village, within a retail corridor near national brands such as Lowe’s and McDonald’s. The location is 15 miles southeast of Utica, NY.
Key Highlights
- Net Operating Income: Generates $59,884 annually.
- Anchor Tenant: Leased to Dollar General, providing passive income.
- High‑Traffic Location: Situated on State Street with excellent visibility and over 23,000 vehicles passing daily.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
819
Businesses Nearby
127k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 23%
Groceries 22%
Electronics 7%
Hannaford
Groceries
28,193 visits/mo
0.3 miles
Burger King
Dining
20,387 visits/mo
0.1 miles
Dunkin' Donuts
Dining
18,836 visits/mo
0.4 miles
Arby's
Dining
11,941 visits/mo
0.2 miles
Dollar General
Shops & Services
6,695 visits/mo
0.0 miles
Demographics for 13350, NY
9,513
Population
4,709
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
31.6 sq mi
ZIP Area
301
Density / Sq Mi
$62,548
Median Household Income
$37,975
Median Earnings
$821
Median Rent
$136,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Hannaford — 401 E Albany St, Herkimer, NY 13350
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Profitable Dollar General store with additional land in Herkimer.
Where is this grocery and convenience store located?
The property is located at 110 East State St Herkimer, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Net Operating Income: Generates $59,884 annually.; Anchor Tenant: Leased to Dollar General, providing passive income.; High‑Traffic Location: Situated on State Street with excellent visibility and over 23,000 vehicles passing daily.
