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Historic Mixed-Use Property with Vault
For Sale
$260,000

512 MAIN ST, Gloversville, NY 12078

Three-building downtown property combines renovated office space with expansive interiors and distinctive historic banking features.

Property Size36,494 SF
Price / SF$7.12
Days on Market118

Property Features for 512 MAIN ST

General Information

Standard status Active
Size 36,494 SF
Property subtype Office

Property Condition

Severity Repairs Needed
Evidence requires exterior improvements

Additional Details

Opportunity Zone Yes

Taxes and HOA fees

Annual Taxes $18,578

Amenities

bank vault
safety deposit boxes
soaring ceilings
mezzanine level
skylight
Central Air
3
Tile, Laminate, Carpet
Flat
Parking.
3 Parking Spaces. On Street.
0.25 acres

Building Details

Buildings 3
Listing Agency: Wolf River Real Estate LLC
Listed By: Angela Gonyo
Source: Xome
Added: May 5 Changed: Aug 29 Last Checked: Aug 30 at 2:04PM

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 Wolf River Real Estate LLC

Investment Insights

Based on property information with market context.

This three-building mixed-use property encompasses 36,494 square feet on 0.25 acres. Originally developed for banking use, the improvements retain a vault, safety deposit boxes, high ceilings, a mezzanine, skylight, and broad open areas with natural light. A renovated section provides professional office space for immediate occupancy, while the remaining interiors offer flexible redevelopment potential subject to municipal approvals.

The property is situated in downtown Gloversville within a designated Opportunity Zone. Exterior work remains necessary, including portions of the façade and flat roof. Additional physical features include central air, tile, laminate, and carpet flooring, along with three on-street parking spaces. The layout and preserved architectural elements support a range of adaptive reuse concepts, including office, residential, event, restaurant, brewery, and mixed-use applications where approved.

Key Highlights

  • Three‑building mixed‑use property totaling 36,494 square feet
  • Situated on 0.25 acres in downtown Gloversville
  • Designated Opportunity Zone location

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Spa & Massage Center Hair Salon

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

297
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-building downtown property combines renovated office space with expansive interiors and distinctive historic banking features.
Where is this mixed-use property located?
The property is located at 512 MAIN ST Gloversville, NY.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Three‑building mixed‑use property totaling 36,494 square feet; Situated on 0.25 acres in downtown Gloversville; Designated Opportunity Zone location
More about this property
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