16 Ml St Gloversville, NY 12078-4342
This exceptional commercial property, located at 16 Mill Street in the vibrant city of Gloversville, New York, presents a unique investment opportunity. Situated on a sizable 0.14-acre lot, this property offers significant potential for a variety of commercial ventures. The property's address, 16 Mill Street, places it within easy reach of local businesses, amenities, and transportation routes, ensuring high visibility and accessibility. The asking price of $275,000 represents a compelling value proposition in the current market. While the square footage is currently unavailable, the substantial lot size provides ample space for development or expansion. This property is classified as "Other," suggesting flexibility in its potential use, making it an ideal canvas for creative entrepreneurs and forward-thinking investors. Its location in Gloversville, NY offers access to a thriving community and a strong local economy. Serious inquiries are encouraged to explore the possibilities this property unlocks. The absence of specified square footage necessitates an on-site inspection to fully assess the property's dimensions and potential. This property is being offered as-is. Further details are available upon request. Don't miss this chance to acquire a valuable piece of commercial real estate in a dynamic location.
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Glovecityleathers.com Industrial Manufacturer
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1 · Gloversville, NYGloversville. 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.