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Property profile & analytics
OFF-MARKET
Commercial real estate

142 Main St Mohawk, NY 13407

7,500 SF 0.96 ac lot Built 2007
Property ID
Property summary
AI-generated overview

This exceptional 7,500 square foot commercial property, located at 142 E Main St in Mohawk, NY, presents a remarkable investment opportunity. Built in 2007 on a nearly one-acre lot (0.96 acres), this landmark building has served as a successful banquet hall, offering a spacious dining area capable of comfortably seating up to 200 guests. Its prime location, just 15 minutes from Utica and 35 minutes from Cooperstown, ensures easy accessibility for patrons from a wide regional area. The property boasts ample on-site parking accommodating up to 60 vehicles, eliminating parking concerns for large events. A significant advantage is the inclusion of a substantial 30x30 detached garage, providing versatile storage space or potential for expansion and additional uses. The property's adaptable design and established history make it suitable for a variety of commercial ventures, including but not limited to, continued operation as a banquet hall, wedding venue, restaurant, or even a funeral home. The asking price for this well-maintained property is $600,000. This is a rare chance to acquire a versatile and established commercial property with significant upside potential in a desirable location.

Property profile
Verified
Property type Commercial real estate
Year built 2007
Total area 7,500 SF
Lot 0.96 ac (41,818 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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