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Historic Office Building with Bank Vaults
New
For Sale
$324,999

12-24 N Main St, Gloversville, NY 12078

COMMERCIAL - Other - Gloversville, NY

Property Size36,494 SF
Lot Size0.25 Acres
Price / SF$8.91
Days on Market2

Property Features for 12-24 N Main St

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 8
Full bathrooms 3
Half bathrooms 5
Rooms Bathroom 6, Bathroom 2, Bathroom 8, Bathroom 1, Bathroom 3, Bathroom 7, Bathroom 4, Bathroom 5
Subdivision Downtown
View City
High school district GLOVERSVILLE CITY SCHOOL DISTRICT
Standard status Active
APN 170500149.6-7-11
Size 36,494 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Annual Amount 18578

Utilities

Heating system Natural Gas, Forced Air

Building Details

Year built 1950
Floors in Building 3
Flooring type Tile, Carpet, Hardwood
Building materials Masonite, Brick
Roof type Flat
Architectural style Other
Listing Agency: WOLF RIVER REAL ESTATE LLC
Listed By: Angela Gonyo
Added: Aug 1 Last Checked: Aug 2 at 1:06PM
MLS# 11914233

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Historic downtown Gloversville redevelopment opportunity at 12-24 N Main St. The property consists of three interconnected buildings with distinctive bank-era architectural elements, including original bank vaults and safety deposit boxes, soaring ceilings, a mezzanine overlooking the main banking hall, and a large skylight.

A portion of the complex has already been renovated into professional office space on both the first and second floors, supporting immediate functionality. The balance of the property offers flexibility for adaptive reuse, including options such as apartments, mixed-use development, boutique hotel, brewery, restaurant, entertainment venue, event space, medical offices, coworking, educational facilities, or other commercial concepts, subject to municipal approvals.

A secured renovation grant is described as transferring with the project, and the property is positioned within an Opportunity Zone. Some exterior improvements, including portions of the facade and flat roof, remain to be completed for the next owner to customize. Built in 1950, the property includes brick and Masonite construction with a flat roof and natural gas forced-air heating.

Key Highlights

  • 0.25‑acre lot with 36,494 SF across three interconnected buildings
  • Original bank vaults and safety deposit boxes plus soaring ceilings, mezzanine, and skylight
  • Professional office space renovated on both the first and second floors

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store Electrical Service Carpet & Flooring Store Barber Shop Florist Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

725
Businesses Nearby

Demographics for 12078, NY

23,009
Population
11,668
Households
2
Avg Household Size
44
Median Age
18%
College-Educated
87%
High-School Grad
110.8 sq mi
ZIP Area
208
Density / Sq Mi
$54,565
Median Household Income
$36,769
Median Earnings
$908
Median Rent
$122,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Historic downtown office property with interconnected buildings, renovated office space on two floors, and original bank vault features.
Where is this office building located?
The property is located at 12-24 N Main St Gloversville, NY.
What is the asking price?
The asking price for this property is $324,999.
What are key features of this property?
This property features: 0.25‑acre lot with 36,494 SF across three interconnected buildings; Original bank vaults and safety deposit boxes plus soaring ceilings, mezzanine, and skylight; Professional office space renovated on both the first and second floors
More about this property
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