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    OFF-MARKET
    Investment properties

    274 Main St, North Creek, NY 12853

    2,820 SF 0.13 ac lot Built 1920
    Individually Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US63-6256865
    Property summary
    AI-generated overview

    This meticulously renovated, Class A mixed-use property in North Creek, NY, presents a unique investment opportunity. Located at 274 Main St, this historic building, originally a bank, boasts 3,820 square feet across two buildings and three stories, built in 1920 and renovated ten years ago. The property includes a stunning two-story, three-bedroom, two-bathroom apartment (approximately 1620 sq ft) with original woodwork, a gas range, gas fireplace, and central air. The first floor offers approximately 1200 square feet of prime retail or commercial space, featuring the original bank safe. Additional space includes a heated garage with a workshop and office space. The property sits on a 0.13-acre lot and is currently vacant. Public water is already connected, and public sewer is planned. Estimated long-term monthly rental income is $5250, based on $2500 for the apartment, $1500 for the commercial space, and $1250 for the garage/workshop/office. The property is zoned for commercial use and benefits from its proximity to Gore Mountain and the $30 million Ski Bowl redevelopment project, which includes a large lodge, restaurant, and year-round zip coaster. This exceptional property offers a blend of historic charm and modern convenience, making it an ideal investment in a vibrant, growing community.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1920
    Total area 2,820 SF
    Lot 0.13 ac (5,663 SF)
    Zoning code H02
    APN 523000 66.10-1-65
    UPID US63-6256865
    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
    Current use
    Occupant on record · Public records
    • Crossroads North Creek Department Store Grocery & Convenience Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Braiden White · 1 yrs held
    Braiden White
    since 2024
    Last sale
    $450,000
    2 recorded transactions
    2024
    $450,000
    2007
    $180,000
    Zoning & alternative use
    H02 · North Creek, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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