Mixed-Use Building with
For Sale
$249,777
198 MAIN ST, Salem, NY 12865
Four residential units occupy the upper floors above two currently vacant commercial spaces.
Property Size4,520 SF
Price / SF$55.26
Days on Market10
Property Features for 198 MAIN ST
General Information
Standard status
Active
Size
4,520 SF
Property subtype
Mixed Use
Taxes and HOA fees
Annual Taxes
$3,981
Amenities
3
Rubber
Parking.
4 Parking Spaces. Off Street.
40X164
Other Building.
Listing Agency:
KW Platform
(518) 281-6808
Listed By:
Scott Varley · License #30VA0727304
(518) 281-6808
Source:
Xome
Added: Aug 21
Changed: Aug 29
Last Checked: Aug 30 at 1:41PM
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 KW Platform
Investment Insights
Based on property information with market context.
This 4,520-square-foot mixed-use building combines four apartments with two vacant commercial spaces on the lower level. The residential component includes one 2-bedroom apartment and three 1-bedroom apartments. Separate electric heat serves the apartments, while the commercial areas have a furnace installed 2 years ago. Refrigerators and stoves in the apartments were replaced within the last 1-5 years, and hot water tanks range from 1-5 years old.
Capital improvements include updated electrical service, replacement windows, and new roofing on both the main and lower sections. A detached garage and barn provide additional storage. The property is located at 198 Main Street in Salem, NY, with Saratoga Springs, Granville, Greenwich, and Manchester, VT, within easy reach. Zoning is listed as Mixed.
Capital improvements include updated electrical service, replacement windows, and new roofing on both the main and lower sections. A detached garage and barn provide additional storage. The property is located at 198 Main Street in Salem, NY, with Saratoga Springs, Granville, Greenwich, and Manchester, VT, within easy reach. Zoning is listed as Mixed.
Key Highlights
- Four apartments: one 2‑bedroom and three 1‑bedrooms
- Two vacant commercial spaces on the first floor
- 4,520 square feet of mixed‑use building area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
109
Businesses Nearby
Explore this area
Business Placement
Demographics for 12865, NY
3,394
Population
1,654
Households
2.1
Avg Household Size
47
Median Age
28%
College-Educated
90%
High-School Grad
72.3 sq mi
ZIP Area
47
Density / Sq Mi
$70,868
Median Household Income
$36,257
Median Earnings
$952
Median Rent
$170,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four residential units occupy the upper floors above two currently vacant commercial spaces.
Where is this mixed-use property located?
The property is located at 198 MAIN ST Salem, NY.
What is the asking price?
The asking price for this property is $249,777.
What are key features of this property?
This property features: Four apartments: one 2‑bedroom and three 1‑bedrooms; Two vacant commercial spaces on the first floor; 4,520 square feet of mixed‑use building area
