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    FOR SALE
    Banks

    324 Prospect St 26, Herkimer, NY 13350-1911

    3,173 SF 0.38 ac lot Built 1974
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US63-1239755
    324 Prospect St,Unit 26, Herkimer, NY 13350-1911 For Sale
    $399,000 3,173 SF
    324 Prospect St,Unit 26, Herkimer, NY 13350-1911
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    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1974
    Total area 3,173 SF
    Lot 0.38 ac (16,692 SF)
    Zoning code C3
    APN 213001 113.81-6-31
    UPID US63-1239755
    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
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    324 Prospect St LLC · 5 yrs held
    324 Prospect St LLC
    since 2021
    Last sale
    $451,500
    2 recorded transactions
    2021
    $451,500
    2005
    Zoning & alternative use
    C3 · Herkimer, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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