274 Main St, North Creek, NY 12853
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.
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Crossroads North Creek Department Store Grocery & Convenience Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
H02 · North Creek, NYNorth Creek. 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.