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Mixed-Use Building with 3 Apartments
For Sale
$250,000

646 Main Street, Margaretville, NY 12455

Three upper-level apartments sit above ground-floor commercial space requiring major renovation.

Property Size3,396 SF
Price / SF$73.62
Days on Market168

Property Features for 646 Main Street

General Information

Standard status Active
Size 3,396 SF
Property subtype Commercial Sale / Mixed Use

Property Condition

Severity Major Repairs Needed
Evidence Major renovations needed

Taxes and HOA fees

Annual Taxes $2,217

Amenities

Other, See Remarks
No
3396.0
Other, See Remarks, Carpet
Frame, Stone

Building Details

Year Built 1950
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: Coldwell Banker Timberland Properties
Listed By: Debra Smith · License #10401396162
Source: Compass
Added: Mar 17 Changed: Aug 30 Last Checked: Aug 30 at 6:10PM

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 Coldwell Banker Timberland Properties

Investment Insights

Based on property information with market context.

This 3,396-square-foot mixed-use building contains three residential apartments on the upper levels and commercial space at street level. The layout combines residential and commercial components within one property, with the ground floor suited to retail, office, or service-business use as described in the property information.

Built in 1950, the property requires major renovations and is being offered as-is. The structure features frame and stone exterior construction. Located at 646 Main Street in Margaretville, New York, the building provides a basis for a buyer seeking to rework both the residential and commercial portions of an existing mixed-use asset.

Key Highlights

  • 3,396‑square‑foot mixed‑use building
  • Three residential apartments on the upper levels
  • Ground‑floor commercial space

Property Analytics

Current Use

Robert D. Gould, ... Law Firm

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Garden Center Furniture & Home Goods Big Box & Wholesale Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby

Demographics for 12455, NY

1,820
Population
1,697
Households
1.1
Avg Household Size
56
Median Age
27%
College-Educated
91%
High-School Grad
71.3 sq mi
ZIP Area
26
Density / Sq Mi
$74,271
Median Household Income
$34,531
Median Earnings
$1,297
Median Rent
$219,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three upper-level apartments sit above ground-floor commercial space requiring major renovation.
Where is this mixed-use property located?
The property is located at 646 Main Street Margaretville, NY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 3,396‑square‑foot mixed‑use building; Three residential apartments on the upper levels; Ground‑floor commercial space
More about this property
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