2-10 Main St Gloversville, NY 12078

Property Details for 2-10 Main St

Property size

10,600 SF

Property type

Land

Property subtype

Apartment buildings

Description

This unique four-story flat iron building at 2-10 S Main Street, Gloversville, NY 12078, presents a compelling redevelopment opportunity. Boasting 10,600 square feet, the property offers a blend of commercial and residential potential. The ground floor features existing commercial spaces with temporary power services currently in place. The second and third floors are completely gutted, providing a blank canvas for creative design and flexible use. The previous owner had plans for six apartments, but the space is equally suitable for a mix of office and residential units, catering to diverse needs. This adaptable layout allows for significant customization to suit the buyer's vision. The building's location in downtown Gloversville offers access to potential grant funds for improvements, subject to qualification. The asking price for this substantial property is $265,000. This presents a rare chance to acquire a significant property in a revitalizing downtown area, offering substantial return on investment potential. The property is classified as multifamily and land, with a subtype of apartment building, commercial, and duplex/triplex/quadruplex. While currently listed as having zero units, the substantial square footage and existing commercial space offer significant development potential.