548 Main St Cobleskill, NY 12043-4172
- Investment properties
- 8,892 SF
- 0.11 lot acres
Current Use by Public Records
- Jeff Tufano Gallery / Art Gallery
- United Country - Upstate New York Living / Real Estate Agency
Property Details for 548 Main St
- Year built
- 1898
- Lot size
- 0.11 lot acres
- Property size
- 8,892 SF
- Zone code
- CB
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 432601 68.6-1-6
- APU
- 43260168616
Description
This exceptional 8,892 square foot, three-story brick building presents a unique mixed-use investment opportunity in Cobleskill, NY. Located on a highly visible 0.11-acre lot at 548 E Main St, this property boasts a versatile floor plan ideal for owner-users. The first floor is well-suited for high-visibility office and retail spaces. The second floor offers ample space for special functions, along with a potential three-bedroom Airbnb or rental apartment. Atop the building, a stunning 4-bedroom owner's suite provides nearly 3,000 square feet of living space with captivating village views. Adding to its appeal, a nearly completed beer taproom/bar with a walk-out basement entrance is situated on the side of the building. This historic building is in excellent condition and ready for immediate occupancy. The asking price is $550,000, translating to $61.85 per square foot. Cobleskill offers a charming small-town atmosphere in Schoharie County, nestled amidst the scenic Catskill Mountains, providing a balanced lifestyle with access to larger cities. This property represents a rare blend of commercial potential and comfortable living space in a desirable upstate New York location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $475,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $540,000
- 6.5%
- $500,000
- 7%
- $450,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $515,000
- Geo Method
- $545,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $460,000
- Retail
- $555,000
- Mixed-Use
- $485,000
- Hospitality
- $510,000
- Educational
- $575,000
- Residential Income
- $480,000
- Energy
- $525,000
- Income-Based Land
- $450,000
- Food Service
- $570,000
Location Insight
- Map
- Local Demand
- City
- Cobleskill
- County
- Schoharie
- State
- New York
- Longitude
- -74.485
- Latitude
- 42.6776
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
