458 Main St Malone, NY 12953-2149
This exceptional 5,120 square foot office building, located at 458 E Main St Unit 458 in Malone, NY, presents a unique investment opportunity. Situated on a 0.06-acre lot at the bustling intersection of Main and Pearl Streets, this property boasts significant historical character, having previously served as a bank. Intact vaults remain, adding a distinctive feature to the space. The building has been thoughtfully renovated into modern office space, while retaining its original charm. Large windows provide ample natural light throughout the building. The interior layout includes several separate offices and dedicated conference rooms, ideal for a variety of business needs. A full basement offers substantial storage capacity. Modern conveniences include an updated steam furnace and central air conditioning, ensuring year-round comfort. The high visibility location on Main Street provides excellent exposure for any business seeking a distinguished presence in the heart of Malone. This property offers a rare combination of historical significance and modern functionality, making it an attractive proposition for discerning buyers. The asking price is $199,000.
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St. Joseph's Addiction Treatment and Recovery Centers, Malone Outpatient Clinic Medical Clinic
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St Josephs Rehabilitation Center Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
01 - NOT ZONED · Malone, NYMalone. 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.