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    141-147 N Main St Herkimer, NY 13350

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    For Sale
    $179,000

    Storefronts and apartments in downtown Herkimer revitalization zone.

    Lot size:
    0.12 Acres

    Property Features for 141-147 N Main St

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1900

    Source: Keller-Williams Mohawk Valley Agent Delbert Ball

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Revitalization Zone

    This 7674 square foot building is located in the Village of Downtown Herkimer, within a 10 million dollar DRI opportunity zone. The property features multiple storefronts and second-floor apartments that require renovation. The building offers an opportunity for investors to add cash flow to their portfolio and be part of the revitalization of the downtown entertainment district. The property is located in a prime location with high exposure.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Herkimer
    County
    Herkimer
    State
    New York
    Longitude
    -74.9871603
    Latitude
    43.0263301

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    FAQs

    What type of property is this?
    Storefront property - Storefronts and apartments in downtown Herkimer revitalization zone.
    Where is this storefront property located?
    The property is located at 141-147 N Main St Herkimer, NY.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: - Prime location in downtown Herkimer with great exposure.; - Located in a $10 Million DRI (Downtown Revitalization Initiative) opportunity zone.; - Multiple storefront building with three storefronts.
    (315) 868-3933
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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
    141-147 N Main St Herkimer, NY 13350
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