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Property profile

213 Washington St Herkimer, NY 13350

OFF-MARKET
Specialty properties
1,757 SF
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Property summary

AI-generated overview

This exceptional 1,757 square foot commercial property located at 213 N Washington Street in Herkimer, New York, 13350, presents a unique investment opportunity. Currently zoned for commercial use, this versatile property offers a blank canvas for a variety of businesses. Originally designed as student housing, its adaptable layout lends itself to numerous possibilities. Imagine transforming this downtown Herkimer gem into a thriving daycare center, a collaborative co-working space, a boutique hostel, an educational facility, a wellness center, artist studios, or even a residential conversion. The property's location in the Village of Herkimer provides easy access to local amenities and public transportation, ensuring high visibility and convenient access for clients and employees. The asking price is $121,500. This property is situated in Herkimer County and offers significant potential for a creative entrepreneur or investor seeking a prime location in a growing community. Don't miss this chance to acquire a property with such diverse potential and excellent location. Contact us today to schedule a viewing and explore the endless possibilities.

Property profile

Verified
Property type Specialty properties
Total area 1,757 SF

Cap rate & NOI

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

Location

213 Washington St Herkimer, NY 13350
Herkimer metro
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Value estimations

Realmo proprietary · 4 methods
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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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