12061 Main St, Wolcott, NY 14590-1008
This exceptional commercial property, located at 12061 E Main St in the heart of Wolcott, NY, presents a unique investment opportunity. The building boasts a substantial 2,972 square feet situated on a 0.07-acre lot. The main level comprises over 1400 square feet of office space, currently leased to a law firm at a monthly rent of $800 plus utilities, offering immediate income potential. The upper level, also exceeding 1400 square feet, presents significant potential for conversion into a two-bedroom apartment. While requiring renovations including a kitchen and other updates, this space could provide valuable additional income or comfortable living quarters for an owner-occupant. The building is in need of a new roof, and cost estimates are readily available upon request. This property is ideally suited for an investor seeking a strong return on investment through rental income, or for a business owner looking to combine workspace with convenient residential living. The central location in the village of Wolcott offers excellent visibility and accessibility. This is a rare opportunity to acquire a versatile commercial property with significant upside potential. The asking price is $79,900.
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Jablonski Douglas M Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Wolcott, NYWolcott. Always verify with local authorities before improvements.
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.