Property profile

640 Main St Charlton, NY 12019

OFF-MARKET
Commercial real estate
33,240 SF 12.41 ac lot Built 1938
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Property summary

AI-generated overview

This exceptional commercial property, located at 640 Main St, Charlton, NY, presents a unique investment opportunity. The expansive 33,240 square foot building, previously utilized as the Limestone School, sits on a generous 12.41-acre lot and is zoned Commercial 1 (Com 1) in the Town of Carrollton, NY. Currently configured with several rented office spaces, the property offers significant potential for expansion and diverse commercial uses. Notable features include a full-size gymnasium complete with locker rooms, a fully equipped commercial kitchen, and a separate detached garage/shop/office building. The extensive grounds boast ample space, including sports fields, ideal for recreational activities or further development projects. This property's versatility allows for a wide range of commercial ventures, from business expansion to the creation of a community center. The combination of substantial building space, extensive acreage, and convenient zoning makes this a rare and attractive opportunity for a discerning investor seeking a flexible and expansive commercial property in a desirable location. The asking price is $150,000.

Property profile

Verified
Property type Commercial real estate
Year built 1938
Total area 33,240 SF
Lot 12.41 ac (540,580 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

640 Main St Charlton, NY 12019
Charlton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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