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Property profile

135 Main St Herkimer, NY 13350

OFF-MARKET
Investment properties
Property ID
US63-0520360
View Sample
1,287 SF 0.03 ac lot Built 1900
Individually Owned 24-yr Hold Absentee Owner Free & Clear

Property summary

AI-generated overview

This exceptional mixed-use property, situated at 135 N Main St Unit 135 in the vibrant town of Herkimer, New York, presents a compelling investment opportunity. Priced affordably at $55,000, this property sits on a conveniently sized 0.03-acre lot, offering significant potential for a variety of uses. The precise square footage is currently unavailable, however, the property's strategic location on Main Street ensures high visibility and accessibility. Its mixed-use designation allows for flexibility in development and tenant occupancy, making it ideal for entrepreneurs seeking a versatile space. The property's location within Herkimer provides easy access to local amenities, transportation routes, and a thriving community. This presents a unique chance to acquire a well-positioned asset in a growing market. Further due diligence is recommended to fully assess the property's potential and to determine its suitability for your specific business needs. The property is being sold "as is," and interested parties are encouraged to conduct thorough inspections before submitting an offer. This is a rare opportunity to acquire a piece of Herkimer's commercial landscape at an attractive price point. Don't miss out on this chance to secure a promising investment in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 1,287 SF
Lot 0.03 ac (1,125 SF)
Zoning code C3
APN 213001 120.25-1-37.2
UPID US63-0520360

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2024
Last sale
$23,000
1 recorded transaction
2024
$23,000

Zoning & alternative use

C3 · Herkimer, 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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