Technical
Financial
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Property profile

11 Main St Granville, NY 12832

OFF-MARKET
Individual retail properties
Property ID
US63-5796783
11,068 SF 1.38 ac lot Built 1950
Individually Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 8,513-square-foot storefront property at 11-15 West Main Street in Granville, New York, presents a unique investment opportunity. Located in Washington County, this retail space boasts a prime location near the Vermont border and offers significant potential for various commercial ventures. Previously housing the West Main Grille and Edwards Market, the property has undergone complete renovations and is being offered for sale at $575,000 ($67.54 per square foot). The building features a convenient loading dock for efficient deliveries and a full basement providing ample storage space. A significant advantage is the large parking lot situated directly across the street, ensuring convenient access for customers and employees. The approximately 0.75-acre site allows for flexibility and expansion possibilities. The property can be utilized as two separate spaces or combined to create a larger, cohesive retail environment. All existing equipment is included in the sale, representing a significant value-add for the buyer. A back deck overlooking the Mettowee River adds a unique and attractive feature to this already impressive property. This is a rare opportunity to acquire a fully renovated, well-equipped retail space in a desirable location. The property's size, amenities, and location make it an ideal investment for a variety of businesses. Don't miss this chance to own a piece of Granville's vibrant commercial landscape.

Property profile

Verified
Property type Individual retail properties
Use group GYM, HEALTH SPA
Year built 1950
Total area 11,068 SF
Lot 1.38 ac (60,113 SF)
Zoning code 01 - NOT ZONED
APN 533201 117.10-6-10.2
UPID US63-5796783

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gym & Fitness Center

Location

11 Main St Granville, NY 12832-1301
Granville metro Census 84001 GLENS FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2008
1 recorded transaction
2008
$3,000

Zoning & alternative use

01 - NOT ZONED · Granville, NY

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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