112-114 Albany St Herkimer, NY 13350
This exceptional mixed-use property, located at 112-114 West Albany Street in Herkimer, New York, presents a compelling investment or owner-user opportunity. The building, totaling 17,508 square feet, sits on a 0.24-acre lot and offers a blend of storefront and traditional office space, perfect for a variety of businesses. Originally constructed in 1900 and extensively renovated in 1984, this three-story building is zoned C3, providing flexibility for diverse commercial uses. Currently vacant, this property allows for immediate occupancy and customization to suit specific business needs. The asking price is $620,000, translating to $35.41 per square foot. Its prime location in Herkimer, New York, 13350, offers excellent visibility and accessibility. This is a rare chance to acquire a substantial, well-located commercial property in a thriving market. The building's size and versatile zoning make it ideal for a range of uses, from retail to professional offices, offering significant potential for return on investment. Don't miss this chance to own a piece of Herkimer's commercial landscape.
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.