20-22 Main St Amsterdam, NY 12010

This exceptional three-story mixed-use building, located at 20-22 Main Street in Amsterdam, NY, presents a unique investment opportunity. Boasting 5,856 square feet on a 0.05-acre lot, this property offers significant potential for redevelopment. Built in 1960, the building is zoned commercial and features a multi-tenancy setup, ideal for a variety of uses. The asking price is $220,000, translating to $37.57 per square foot. The City of Amsterdam has awarded a $1 million grant through the Empire State Development Restore NY Program for building renovations in the area, presenting a compelling incentive for potential buyers. Note that a full gut rehabilitation is anticipated. The property's prime location on Main Street places it in the heart of Amsterdam, a city experiencing significant investment and revitalization. The property's APN is 55.35-1-48. This is a rare chance to acquire a substantial commercial property in a rapidly developing area. Serious inquiries are encouraged.