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    OFF-MARKET
    Investment properties

    135 Main St, Herkimer, NY 13350-1916

    1,287 SF 0.03 ac lot Built 1900
    Individually Owned 24-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-0520360
    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
    Implied cap rate, NOI & suggested price
    Cap 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
    by Request
    Owner & transaction history
    JOHN WAKEFIELD · 2 yrs held
    JOHN WAKEFIELD
    since 2024
    Last sale
    $23,000
    1 recorded transaction
    2024
    $23,000
    Zoning & alternative use
    C3 · Herkimer, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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