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    OFF-MARKET
    Commercial real estate

    640 Main St, Charlton, NY 12019

    33,240 SF 12.41 ac lot Built 1938
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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