183 5Th Ave, Gloversville, NY 12078
For Sale
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This exceptional commercial property, located at 183 5th Avenue in the vibrant city of Gloversville, New York, presents a unique investment opportunity. Situated on a sizable 0.14-acre lot, this general commercial property offers significant potential for redevelopment or repurposing. The property's address, 183 5th Avenue, places it within easy reach of local amenities and transportation routes, ensuring high visibility and accessibility for any future business venture. The asking price of $98,000 represents a compelling entry point into the Gloversville commercial real estate market. While the square footage is currently unavailable, the generous lot size provides ample space for a variety of development possibilities, from expanding an existing structure to constructing a new building entirely. This property is particularly attractive to entrepreneurs and investors seeking a strategic location with considerable growth potential in a thriving community. Its central location within Gloversville offers excellent exposure to a diverse customer base. The property's versatility makes it suitable for a wide range of commercial uses, subject to local zoning regulations. Serious inquiries are encouraged to explore the full potential of this promising investment opportunity. Act quickly, as properties like this in Gloversville are rarely available at this price point.
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
C2 · 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.