First-Floor Retail
New
For Sale
Contact for pricing
246 N Main st, Herkimer, NY 13350
Land, Herkimer, NY
Property Size1,800 SF
Price / SF$0.83
Days on Market2
Property Features for 246 N Main st
General Information
Property type
Land
Property subtype
Other
Zoning description
Commercial
Parking features
Driveway
Lot features
Rectangular, Rectangular Lot, Level
Elementary school district
Herkimer
Middle school district
Herkimer
High school district
Herkimer
Directions
N Main st
Subdivision
Herkimer-Village-213001
Standard status
Active
APN
120.25-2-9
Size
1,800 SF
Utilities
Heating system
Hot Water(Heating), Natural Gas
Water source
Public
Building Details
Year built
1900
Floors in Building
1
Listing Agency:
Keller-Williams Mohawk Valley · Keller Williams Realty
(315) 701-6900
Listed By:
Delbert Ball · License #10401246417
(315) 868-3933
Added: Nov 5
Last Checked: Nov 6 at 5:06AM
MLS# S1727511
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Herkimer retail space occupies the first floor and contains approximately 1,800 square feet. Natural-gas and hot-water heating serve the property, and the listing notes that heat and water are included. Public water is available, with driveway parking on site. The building dates to 1900 and is located at 246 N Main St.
Key Highlights
- Approximately 1,800 square feet of first‑floor retail space
- Natural‑gas and hot‑water heating
- Driveway parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,454
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,080
$589.1K
Cap Rate 7%
$420,771
$420.8K
Cap Rate 9%
$327,267
$327.3K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$43.2K $24.00/SF
− Vacancy
−$1.1K −$0.62/SF
EGI
$42.1K $23.38/SF
− OpEx
−$12.6K −$7.01/SF
NOI
$29.5K $16.36/SF
Area
Herkimer County, NY
Vacancy
2.60%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,080
Cap Rate 7%
$420,771
Cap Rate 9%
$327,267
Alternative Uses
Best Use
Retail
$420.8K
$368.2K – $490.9K
NOI $29,454 @ 7.0% cap · market cap 1,963.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$535.8K
$468.8K – $625.1K
NOI $37,504 @ 7.0% cap · market cap 2,500.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
871
Businesses Nearby
150k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Groceries 19%
Shops & Services 19%
Electronics 6%
Hannaford
Groceries
28,193 visits/mo
0.3 miles
McDonald's
Dining
24,258 visits/mo
0.5 miles
Burger King
Dining
20,387 visits/mo
0.2 miles
Dunkin' Donuts
Dining
18,836 visits/mo
0.4 miles
Arby's
Dining
11,941 visits/mo
0.3 miles
Demographics for 13350, NY
9,513
Population
4,709
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
31.6 sq mi
ZIP Area
301
Density / Sq Mi
$62,548
Median Household Income
$37,975
Median Earnings
$821
Median Rent
$136,400
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - The commercial space includes natural-gas heating and hot-water heating.
Where is this retail space located?
The property is located at 246 N Main st Herkimer, NY.
What are key features of this property?
This property features: Approximately 1,800 square feet of first‑floor retail space; Natural‑gas and hot‑water heating; Driveway parking
