Caroline St, Herkimer, NY 13350
This exceptional commercial property, located on S Caroline St in Herkimer, NY, presents a fantastic investment opportunity. Boasting a generous 5,131 square feet of space, this general commercial building sits on a sizable 0.6-acre lot, offering ample room for expansion or outdoor activities. The property's strategic location in Herkimer provides excellent visibility and accessibility, making it ideal for a variety of businesses. The asking price is $575,000, representing a compelling value for a property of this size and potential. The building's interior layout is adaptable to suit diverse business needs, offering significant flexibility for future tenants or owners. Its substantial footprint and prominent location make it a highly attractive prospect for entrepreneurs and investors seeking a strong foothold in the Herkimer market. The 0.6-acre lot provides ample parking and potential for future development. Serious inquiries are encouraged to explore the possibilities this property offers. This is a rare opportunity to acquire a significant commercial space in a desirable Herkimer location. Don't miss out on this chance to secure a valuable asset in a thriving community. Further details and viewing arrangements can be made upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.