622 Main St Palmyra, NY 14522-1147
This 2,136 square foot industrial building is situated on a 0.21-acre lot at 622 E Main St, Palmyra, NY. The property boasts a prime location with high traffic, making it ideal for a variety of businesses. While the building requires some tender loving care (TLC), its solid mechanics provide a strong foundation for renovation or repurposing. The building's size and location offer significant potential for investors or entrepreneurs seeking a space to establish or expand their operations. The address is easily accessible, benefiting from the high volume of traffic on East Main Street. This presents a unique opportunity to acquire a well-positioned industrial property in a thriving area at an attractive price point of $84,900. The existing structure offers a solid base for a variety of potential uses, allowing for customization to suit specific business needs. Serious inquiries are encouraged to explore the possibilities this property presents. The 0.21-acre lot provides ample space for potential expansion or outdoor storage, further enhancing its versatility. Don't miss this chance to acquire a valuable piece of commercial real estate in Palmyra, NY.
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
C3 · Palmyra, NYPalmyra. 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.