114 E Main St Sherman, NY 14781
For Sale
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This unique, historic mill located at 114 E Main St, Sherman, NY presents a remarkable investment opportunity. Boasting 13,836 square feet across three levels on a half-acre lot, this property offers immense potential for a variety of commercial uses. The main level features a renovated office area complete with two bathrooms and a kitchen, seamlessly transitioning into a spacious shop area. High ceilings, a recently installed blower system, and a three-bay loading area enhance functionality. A rear storage room, extending the length of the building, includes sleeving for various materials. Significant exterior improvements, facilitated by a $20,000 grant, enhance the property's curb appeal. The second floor reveals a large open area with potential for various uses, including a former grain storage area and ample cabinet space. New flooring and a compressor are included. The dry basement provides extensive storage, a rear exterior door, and electrical panels with 500-amp service. This property is priced at $200,000 and awaits a visionary owner to unlock its full potential. The combination of historical charm, substantial square footage, and modern improvements makes this a truly exceptional offering in the heart of Sherman.
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The Cooler Bar and Grille Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.