75 Main St, Morrisville, NY 13408-7731
This unique 199,500 dollar property, located at 75 Main Street in Morrisville, New York (zip code 13408), presents a remarkable investment opportunity. Previously a bank, this adaptable flex space offers a multitude of potential uses. Currently configured as a group meeting facility with integrated private living quarters, it's perfectly suited for conversion into a restaurant, office space, or a single or multi-family residence. The building boasts four parking spaces, accessible from both the front and rear of the property, ensuring convenient access. Its distinctive period design and an existing vault add character and create a unique backdrop for any future development. The property's location within the Village of Morrisville provides easy access to local amenities and transportation. Note that showings and negotiations for this property will commence on Friday, March 22, 2024, at 9:00 AM. This is a rare opportunity to acquire a versatile property with significant potential in a desirable location. Don't miss out on this chance to reimagine this historic space and create your ideal business or residential setting.
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
Property description
Physical attributes from public recordsZoning & alternative use
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.