324 Prospect St 26, Herkimer, NY 13350-1911
For Sale
This exceptional 6,115-square-foot commercial property, located at 324 N Prospect Street in Herkimer, NY, presents a unique investment opportunity. Previously a bank, this single-tenant building boasts a desirable location in Herkimer's business district. The property features a convenient drive-thru, ample parking on a 16,692 square foot lot, and a versatile open layout adaptable to various business needs. The building offers approximately 3,000 square feet on each of its two levels. A full basement provides substantial additional space, including mechanical rooms, employee restrooms, a meeting room, a break room, and ample storage. This well-maintained property is ideal for businesses seeking a prominent presence in a thriving community. The property is also available for sale at $600,000 (MLS# S1575443). Located in Herkimer County, New York, with zip code 13350, this property offers a rare combination of size, location, and amenities. Don't miss this chance to secure a prime commercial space in a vibrant and growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C3 · Herkimer, NYHerkimer. 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.