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    114 Main St Sherman, NY 14781

    Sponsored
    For Sale
    $200,000

    Historic Mill, 9,756 SF, 3 Levels

    Property size:
    9,756 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This unique, historic mill building in Sherman, New York presents a compelling investment opportunity. Spanning 9,756 square feet across three levels, this property offers a versatile space with significant potential. The building features a ground floor office area complete with two bathrooms and a kitchen. The adjacent shop area boasts high ceilings, a recently installed blower system, and a three-bay loading area. A rear storage room on this level provides ample space and includes sleeving for various materials. Exterior improvements, funded in part by a $20,000 grant, enhance the property's curb appeal. The second floor includes a former grain storage area with redevelopment potential, along with a large open workspace and cabinetry. New flooring has been installed throughout, and a compressor is included. The dry basement offers substantial storage, a rear exterior door, and electrical panels with 500-amp service. Located at 114 East Main Street, Sherman, NY 14781, this 0.36-acre industrial property, zoned for warehouse, manufacturing, and commercial use, is priced at $200,000. Its adaptable layout and existing infrastructure make it ideal for a variety of uses. The property's historical character combined with its modern improvements creates a rare opportunity for a discerning buyer.

    Property Features for 114 Main St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    9,756 SF

    HighLights

    • Historic mill building, 9,756 sq ft, three levels, Sherman, NY.
    • Ground floor: office with two baths, kitchen, shop area with high ceilings, blower system, three‑bay loading area, and storage room.
    • Second floor: former grain storage (redevelopment potential), open workspace, cabinetry, new flooring, compressor included.
    • Dry basement: substantial storage, exterior door, 500‑amp electrical service.
    • 0.36‑acre lot, zoned for warehouse, manufacturing, and commercial use; $200,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Cooler Bar and Grille Bar

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Pharmacy Bar & Pub Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    CHAUTAUQUA
    State
    New York
    Longitude
    -79.5948224
    Latitude
    42.1592103

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    Nearby Similar for Sale

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      Historic Sherman Mill - Prime Location

      Spacious commercial building, high ceilings, multiple levels.
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      Sherman Commercial Gem

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    FAQs

    What type of property is this?
    Manufacturing property - Historic Mill, 9,756 SF, 3 Levels
    Where is this manufacturing property located?
    The property is located at 114 Main St Sherman, NY.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Historic mill building, 9,756 sq ft, three levels, Sherman, NY.; Ground floor: office with two baths, kitchen, shop area with high ceilings, blower system, three-bay loading area, and storage room.; Second floor: former grain storage (redevelopment potential), open workspace, cabinetry, new flooring, compressor included.
    Request Owner's contact information
    114 Main St Sherman, NY 14781
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    Sherman, NY 14781
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 Main St Sherman, NY 14781
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