Main Street Commercial Building For
225 Main Street South Glens Falls, NY 12803
225 Main Street, South Glens Falls, NY, 12803
$276,000
For Sale
$276,000
Mixed-use building with garage on Main Street.
Property Size908 SF
Lot Size0.20 Acres
Price / SF$303.96
Days on Market304
Property Features for 225 Main Street
General Information
- Standard status
- Active
- Size
- 908 SF
- Lot size
- 0.20 Acres
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1966
Listing Agency
Davies-Davies & Assoc Real Est
(518) 796-9068
Listed by
Daniel L Davies · License #49DA1061690
(518) 796-9068
Source
Compass
Added: Sep 21, 2025 Updated: Jul 10 at 12:29 pm Checked: Jul 19 at 5:15 am
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 Davies-Davies & Assoc Real Est
Investment Insights
Based on property information with market context.
This mixed-use building is located on Main Street in South Glens Falls, situated on a 0.2-acre lot. The property includes an attached 3-car garage and features a main room with knotty pine walls, cathedral ceilings, and a wood stove. In addition to the main room, there are two other rooms and a half bathroom. The garage also has a wood stove. The building offers a total size of 908 square feet. There is ample parking available, along with a storage shed. According to the listing, with a variance, the property could be used as an office or for a small business.
Key Highlights
- Main Street location in South Glens Falls.
- Attached 3‑car garage with wood stove.
- Main room features knotty pine walls and cathedral ceilings.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.8k | $24.00 |
| − Vacancy | −$3.1k | −$3.36 |
| EGI | $18.7k | $20.64 |
| − OpEx | −$4.7k | −$5.16 |
| NOI | $14.1k | $15.48 |
908 SF · lease $24.00/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$200.8K
$175.7K – $234.3K
NOI $14,056 @ 7.0% cap · market cap 5.09%
Second Best
Mixed Use
$161.1K
$141.0K – $188.0K
NOI $11,277 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$271.8K
$237.8K – $317.1K
NOI $19,024 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
St Mary's Church ...
Cemetery
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with garage on Main Street.
Where is this mixed-use property located?
The property is located at 225 Main Street South Glens Falls, NY.
What is the asking price?
The asking price for this property is $276,000.
What are key features of this property?
This property features: Main Street location in South Glens Falls.; Attached 3‑car garage with wood stove.; Main room features knotty pine walls and cathedral ceilings.
