640 Main St, Charlton, NY 12019
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.
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
Similar Nearby for Lease
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.