16 Washington St, Gloversville, NY 12078-3919
This exceptional mixed-use property, located at 16 Washington Street, Unit 16 in Gloversville, New York, presents a compelling investment opportunity. Situated on a 0.15-acre lot, this building offers significant potential for a variety of uses, making it ideal for both seasoned investors and those new to the commercial real estate market. The property's address places it within easy reach of local amenities, businesses, and transportation routes, ensuring high visibility and accessibility. While the precise square footage is currently unavailable, the property's size and location suggest ample space for a diverse range of commercial ventures, potentially including retail, office space, or a combination thereof. The asking price of $45,000 represents a highly competitive entry point into the Gloversville commercial real estate market, offering a strong potential for capital appreciation and rental income. This is a rare opportunity to acquire a versatile property in a thriving upstate New York community. Serious inquiries are encouraged to explore the possibilities this unique offering presents. Further details regarding the property's interior layout and zoning regulations are readily available upon request. Don't miss this chance to secure a valuable asset in a dynamic and growing market.
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
C · 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.