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Property profile

100 County Highway 29A Springfield Center, NY 13468

OFF-MARKET
Specialty properties
Property ID
US63-4374183
View Sample
8,000 SF 0.14 ac lot Built 1903

Property summary

AI-generated overview

Embrace a piece of history with this unique 8,000 square foot theater, built in 1903, nestled in Springfield Center, NY, minutes from Cooperstown and the Glimmerglass Opera. This commercially zoned property, situated on a 0.14-acre lot, presents a remarkable redevelopment opportunity. The two-story building boasts a solid foundation, a metal roof, and a well and septic system (condition to be verified). The existing structure offers ample space for creative repurposing, easily accommodating eight or more rental units. Preliminary renovations have already begun, including two updated bathrooms and a new 200-amp electrical service. The expansive full basement provides substantial storage and houses utilities. With 20-foot ceilings and a balcony, this building exudes character and charm. An assumable seller finance loan is available, making this a financially attractive investment. This is a chance to own a piece of Springfield's heritage and shape its future. The property includes one building with a total of 8,000 square feet.

Property profile

Verified
Property type Specialty properties
Year built 1903
Total area 8,000 SF
Lot 0.14 ac (6,098 SF)
UPID US63-4374183

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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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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