12-24 N Main St Gloversville, NY 12078

This redevelopment opportunity is located in downtown Gloversville and includes three historic buildings totaling 36,494 sq ft. A secured $750,000 grant is already in place, and the property is located within an Opportunity Zone, offering potential tax advantages. Formerly a bank, the property retains architectural features such as original safety deposit boxes and a bank vault. Portions of the property have been renovated into professional office space, providing immediate usability and potential income. The main bank building features ceilings, a skylight, a mezzanine level, and an open interior suitable for a brewery, restaurant, event venue, co-working space, boutique hotel, market hall, entertainment venue, or mixed-use redevelopment, subject to approvals. The property has large display windows, multiple entrances, and flexible floorplans, supporting commercial, hospitality, retail, or residential concepts. It also offers residential conversion potential for apartments, lofts, or live/work units with acquisition of nearby parking. Exterior improvements are needed, including portions of the façade and flat roof. The property has a bike score of 70, indicating it is very bikeable, and a walk score of 80, indicating it is very walkable.