13 Main StGloversville, NY 12078

Property Details for 13 Main St

Year built

1900

Lot size

0.06 AC

Property size (Sq ft)

9,050 SF

Zone code

C

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

170500 149.6-5-6

APU

170500149656

Description

This exceptional retail opportunity is located at 13 N Main St, Unit 13, in the vibrant city of Gloversville, New York. The property boasts a highly desirable Main Street address, ensuring excellent visibility and foot traffic for your business. The unit itself offers a convenient and accessible location within the building. The property sits on a 0.01-acre lot, providing ample space for potential outdoor signage or customer access. Priced competitively at $79,000, this property presents a fantastic investment opportunity for entrepreneurs seeking a well-situated retail space in a thriving community. The property's size is not specified, allowing for flexibility in business planning and customization. Its Main Street location in Gloversville offers significant potential for attracting a diverse customer base. This is a rare chance to establish or expand your business in a prime commercial location. The asking price makes this an attractive proposition for those seeking a cost-effective entry into the Gloversville market. Don't miss this chance to secure a prominent retail presence in a bustling area. Act quickly, as opportunities like this are seldom available. The property is ready for immediate occupancy, allowing for a swift and seamless transition into your new business venture.

• CAP approach

  CAP return

  Valuation

  6%

  $2,248,160

  6.5%

  $2,075,225

  7%

  $1,926,994

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,190,421

  Geo Method

  $1,182,473

• Alternative Use

  Use

  Valuation

  Residential

  $2,573,279

  Hospitality

  $2,357,110

  Educational

  $1,961,088

  Medical

  $2,028,532

  Retail

  $3,050,580

Location Insight

City

Gloversville

County

Fulton

State

New York

Latitude

43.0511

Longitude

-74.3458

CBSA code

24100

CBSA name

GLOVERSVILLE, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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