Property profile

2 Main St Fonda, NY 12068

OFF-MARKET
Investment properties
Property ID
US63-6052481
4,680 SF 0.07 ac lot Built 1850
Individually Owned 17-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 0.35-acre commercial land parcel, located at 2 W Main St in Fonda, NY, presents a unique investment opportunity. Situated on a high-traffic corner lot, this property benefits from excellent visibility and accessibility on Main Street, providing easy access to major and minor North/South and East/West transportation routes. The existing structure features masonry construction on a slab foundation, including an overhead garage door accessing the original building footprint. An additional garage bay has been added, equipped with a heavy-duty 9,000 lb two-post automotive lift. Ample parking is available, accommodating various business needs and types of vehicles, including trailers. A pre-existing footing and power supply are in place at the front corner, ideal for a post-mounted business sign. Currently rented month-to-month for primarily personal use, this property is well-suited for automotive-related businesses, including retail, service, sales, or transportation, or a combination thereof. The property's zoning and potential uses should be verified independently. The asking price for this versatile commercial land is $385,000. The zip code is 12068.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1850
Total area 4,680 SF
Lot 0.07 ac (3,049 SF)
Zoning code CONF
APN 273201 35.12-4-1
UPID US63-6052481

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor
  • Auto Repair Shop
  • Food Processing Plant

Location

2 Main St Fonda, NY 12068-7722
Fonda metro Census 72200 AMSTERDAM, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2009
1 recorded transaction
2009
$60,000

Zoning & alternative use

CONF · Fonda, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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