25 Main St, Norfolk, NY 13667-3105
This 1,400 square foot commercial building located at 25 W Main St, Norfolk, NY, presents a unique investment opportunity. Situated in the heart of downtown Norfolk, this property boasts high visibility and significant foot traffic, ensuring strong potential for a variety of businesses. The building features a main commercial space ideal for a retail operation, office, or laundromat. Three sizable storage units are located to the rear of the main space, offering additional income potential or valuable storage for the primary business. The property's versatility allows for a wide range of uses, from a small retail shop or convenience store to a workshop, storage facility, or even a light industrial operation. The building is well-maintained and ready for immediate occupancy. The sale price of $69,900 does not include the existing washers and dryers. This is a rare chance to acquire a profitable commercial property in a desirable downtown location. Don't miss this chance to establish your business or expand your investment portfolio. The property is situated on a lot with zero acres.
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
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Norfolk, NYNorfolk. 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.