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Property profile & analytics
OFF-MARKET
Investment properties

1573 Main St Savannah, NY 13146-8713

3,352 SF 0.5 ac lot Built 1982
Individually Owned 9-yr Hold Free & Clear
Property ID
US63-5454732
Property summary
AI-generated overview

This exceptional mixed-use commercial property, located at 1573 N Main St in Savannah, NY, offers a unique opportunity for a variety of businesses. The building boasts a total of 6,704 square feet situated on a half-acre lot. The main level, encompassing 3,352 square feet above grade, features finished office spaces equipped with central air conditioning and a one-and-a-half bathrooms. These modern offices provide a comfortable and efficient workspace. In addition to the office space, this level also includes a warehouse area with ample storage rooms and two truck bays, ideal for logistics or storage-intensive businesses. The lower level, equally spacious at 3,352 square feet, offers a walk-out basement with three car bays and additional storage rooms, providing significant flexibility for various operational needs. The building is heated by a boiler fuel oil system. This property's combination of modern office space and substantial warehouse/storage capacity makes it an attractive investment for businesses seeking a versatile and well-located commercial space in Savannah, NY. The strategic location on N Main St offers excellent visibility and accessibility. Priced at $70,000, this property presents a compelling opportunity for significant return on investment.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1982
Total area 3,352 SF
Lot 0.5 ac (21,780 SF)
Zoning code EC DEV
APN 544000 77111-06-286774
UPID US63-5454732
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Ralph Richter · 9 yrs held
Ralph Richter
since 2016
2 recorded transactions
2016
$50,000
2016
Price N/A
Zoning & alternative use
EC DEV · Savannah, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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