209 Erie Blvd Canajoharie, NY 13317
- Office buildings
- 3,000 SF
- 0.41 lot acres
Current Use by Public Records
- Hearn Agency / Auto Insurance Agency
Property Details for 209 Erie Blvd
- Year built
- 1997
- Lot size
- 0.41 lot acres
- Property size
- 3,000 SF
- Property type
- Office buildings
- APN
- 272203 63.13-1-22.1
- APU
- 27220363131221
Description
This exceptional commercial property, located at 209 Erie Blvd Unit 209 in Canajoharie, New York, presents a compelling investment opportunity. Priced at $400,000, the property offers significant potential for a variety of business uses. Situated on a sizable 0.41-acre lot, the building provides ample space and potential for expansion or outdoor amenities. The precise square footage is currently unavailable, however, the substantial lot size suggests a generous interior footprint. The property's address is conveniently located in Canajoharie, NY, offering easy access to local amenities and transportation routes. This presents a rare chance to acquire a well-positioned commercial building in a desirable location. The property's classification as an office building suggests its suitability for professional services, administrative functions, or other office-based businesses. Given the size of the lot, there is potential for future development or expansion of the existing structure. Interested parties are encouraged to conduct their own due diligence to fully assess the property's potential and suitability for their specific needs. The asking price reflects the property's location, size, and potential for future growth. This is an excellent opportunity for a savvy investor seeking a strong return on investment in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $330,000
- 7%
- $370,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $375,000
- Retail
- $390,000
- Mixed-Use
- $345,000
- Hospitality
- $370,000
- Educational
- $365,000
- Residential Income
- $295,000
- Energy
- $395,000
- Income-Based Land
- $375,000
- Food Service
- $290,000
Location Insight
- Map
- Local Demand
- City
- Canajoharie
- County
- Montgomery
- State
- New York
- Longitude
- -74.5819
- Latitude
- 42.9049
- CBSA code
- 11220
- CBSA name
- AMSTERDAM, NY MICROPOLITAN STATISTICAL AREA