319 Main St Herkimer, NY 13350-1840
- Banks
- 8,000 SF
- 0.33 lot acres
Current Use by Public Records
- M&T Bank / Bank
- Herkimer County Trust / County Government Office
- M&T Bank ATM / Atm
- Alex Taylor - M&T Financial Services / Financial Planner / Financial Consultant
Property Details for 319 Main St
- Year built
- 1970
- Lot size
- 0.33 lot acres
- Property size
- 8,000 SF
- Zone code
- C3
- Property type
- Banks
- APN
- 213001 113.81-6-38
- APU
- 21300111381638
Description
This exceptional Herkimer, NY office building at 319 N Main Street offers two available second-floor suites totaling 2,140 square feet. Located in a high-traffic area with excellent visibility, this Class B property enjoys a coveted cotenancy with M&T Bank on the first floor. The building, constructed in 1983, features 8,000 total square feet across two stories, with a maximum contiguous space of 4,000 square feet. The five suites are situated on a 0.32-acre lot (14,178 square feet) and benefit from ample parking with 20 spaces. The building boasts an 8-foot ceiling height, but lacks elevators. Zoned for commercial use (APN: 213001-113-081-0006-038-000-0000), this property presents a fantastic opportunity for businesses seeking a convenient and well-located office space. All utilities and expenses are included, simplifying operations and budgeting. The building's floor plan allows for flexibility, making it suitable for a variety of businesses. This is a rare opportunity to secure office space in a desirable location with a strong tenant mix. The building's location on N Main Street, near Church Street, ensures high visibility and easy access for clients and employees. Don't miss this chance to establish your business in a thriving Herkimer community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $540,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $515,000
- 6.5%
- $535,000
- 7%
- $470,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $555,000
- Geo Method
- $520,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $535,000
- Retail
- $490,000
- Mixed-Use
- $535,000
- Hospitality
- $405,000
- Educational
- $535,000
- Residential Income
- $515,000
- Energy
- $410,000
- Income-Based Land
- $415,000
- Food Service
- $465,000
Location Insight
- Map
- Local Demand
- City
- Herkimer
- County
- Herkimer
- State
- New York
- Longitude
- -74.9893
- Latitude
- 43.0285
- CBSA code
- 46540
- CBSA name
- UTICA-ROME, NY METROPOLITAN STATISTICAL AREA