8242 State Route 3 Harrisville, NY 13648
This exceptional 3,558 square foot commercial property, situated on a 0.25-acre lot at 8242 State Route 3 in Harrisville, NY, presents a unique investment opportunity. Currently configured as a redemption center, this building offers remarkable adaptability for a wide range of commercial uses, including retail, office space, or even a mixed-use development incorporating residential components. The spacious interior layout provides flexible space easily customizable to suit diverse business needs or residential conversion. The property boasts a versatile design, allowing for seamless integration of commercial and residential functions, presenting the possibility of on-site living or generating rental income. Significant recent upgrades enhance the property's value and functionality. These include a newly installed 1000-gallon septic system (installed 2.5 years ago), along with updated siding, roof, and boiler systems. Two convenient garage doors, one at the front and one at the rear, provide ample storage or parking, adding to the property's overall practicality. Located in the picturesque village of Harrisville, this property offers the tranquility of a close-knit community combined with the accessibility of nearby amenities. This is a rare chance to acquire a substantial commercial property in a desirable location with significant upside potential. The asking price is $148,000.
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.