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    OFF-MARKET
    Investment properties

    19 Mechanic St, Springville, NY 14141-1309

    4,026 SF 0.12 ac lot Built 1900
    Individually Owned 4-yr Hold Free & Clear
    Property ID
    US63-1150130
    Property summary
    AI-generated overview

    This exceptional Springville property at 19 Mechanic Street presents a unique opportunity for a discerning business owner. Boasting a substantial 6,264 square feet of space spread across three floors, this building is steeped in history and brimming with potential. The interior features stunning, newly installed hemlock barn-style beams that complement the existing flooring, creating a captivating aesthetic. The expansive open floor plan offers incredible flexibility for a variety of commercial uses, allowing for creative design and efficient layout. Situated on a 0.12-acre lot in the heart of Springville, this location provides excellent visibility and accessibility. The building's historical charm is undeniable, offering a unique character rarely found in modern commercial spaces. This is a truly remarkable opportunity to establish a thriving business in a desirable and vibrant community. The building's size and layout provide ample room for expansion or customization to meet specific business needs. Its prime location in Springville ensures high visibility and easy access for customers and employees. The combination of historical character and modern features makes this property a truly exceptional investment. Don't miss this chance to own a piece of Springville's rich history and build your dream business. The asking price is $180,000.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1900
    Total area 4,026 SF
    Lot 0.12 ac (5,291 SF)
    APN 143801 335.16-2-19
    UPID US63-1150130
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Robert J Runge II · 4 yrs held
    Robert J Runge II
    since 2021
    5 recorded transactions
    2021
    2021
    $5,000
    2016
    $35,000
    2015
    2009
    $5,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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