Herkimer, NY Retail Space for Sale

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Updated: May 21

Flex Retail and Warehouse Building

218 S Caroline Street, Herkimer, NY 13350

$499,000

6,696 sqft 0.30 AC lot

Over 5,000 SF retail space that can be split into two areas for rental or in‑store use (approx. 1,064 SF smaller side).
Smaller side includes separate utilities (heat, lights, and water) plus a half bath area.
Main retail area with central air plus office and conference room, and two half baths.
Rear warehouse space approx. 1,665 SF with an 11x11 overhead door.
200 Amp 3‑phase electric service with sub feeds; separate heat/lighting/water noted for the smaller retail side.

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This listing looks promising.

Here's a quick look at some key insights for

218 S Caroline Street, Herkimer, NY 13350

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Est. Cap Rate

8.3%
Above avg (5.9%)
Est. NOI

$41K
Annual
Price @ 7% Cap

$592K
Above asking
Last Sold

Aug 2017
$1.25M
Property Type

Store/Office (Mixed Use)
Built 1960

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Updated: May 27

Flex Retail and Warehouse Building

218 S Caroline Street, Herkimer, NY 13350

$499,000

6,696 sqft 0.30 AC lot

Retail/warehouse building built in 1983 with flexible floor plan in a high‑traffic area
Retail space over 5,000 SF; can be split into two sides, including an approx. 1,064 SF smaller retail portion
Smaller side has separate heat, lights, and water, plus half bath area; utilities separated for independent use
Main retail area includes central air, 2 half baths, office, and conference room
Warehouse out back approx. 1,665 SF with an 11x11 overhead door

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Retail Flex Building with Warehouse

218 South Caroline Street, Herkimer, NY 13350

$499,000

6,696 sqft

Flexible retail layout and rear warehouse use provide options for retail operations and additional income streams.

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Former Bank Building For Sale

324 Prospect Street North, Herkimer, NY

$399,000

3,173 sqft

3,173 SF former bank building with drive-thru.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Harbor Freight Tools Investment Opportunity

232 W Albany St, Herkimer, NY 13350

$800,000

26,605 sqft 1.22 AC lot

Single-tenant retail property leased to Harbor Freight Tools.

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Herkimer Retail/Office Space For Sale

200 N Main St, Herkimer, NY

$260,000

4,284 sqft 0.07 AC lot

Well-maintained building with retail/office space and apartment potential.

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Office/Medical/Retail Building For Sale

130 W Albany St, Herkimer, NY

$289,000

2,400 sqft 0.39 AC lot

Corner lot building in busy retail corridor, high visibility.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 7 Active listings in Herkimer, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Barn-Style Event & Retail Building

6262 State Route 5, Little Falls, NY 13365

$190,000

8,104 sqft 5.00 AC lot

Oversized barn-style commercial structure with soaring ceilings and lofted areas, plus a secondary barn on 5 acres.

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Barn-Style Commercial Building

6262 State Route 5, Little Falls, NY 13365

$190,000

8,104 sqft 5.00 AC lot

Oversized barn-style structure with long covered porch, multiple finished rooms, lofted areas, and zoning COM 1 on 5 acres.

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Mixed-Use Corridor Redevelopment Site

408 First Street, Utica, NY 90013

$450,000

11,500 sqft

Retail, office, or redevelopment site on a highly traveled mixed-use corridor with approximately 18,000 vehicles per day.

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Multi-Tenant Retail Plaza with Parking

1155 Mohawk St, Utica, NY 13501

$1,200,000

1.50 AC lot

14,560 SF multi-tenant retail property with 90 parking spaces and one remaining vacant unit.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000

2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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Off-Market Properties in Herkimer, NY

Consider similar Off-Market properties in Herkimer, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RETAIL STORES (PERSONAL SERVICES)

716 Mohawk St, Herkimer, NY 13350-2206

$2,550,000

Estimated value

19,142 sqft 2.50 AC lot

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RETAIL STORES (PERSONAL SERVICES)

759 State Rte 28, Herkimer, NY 13350

Value Estimation by Request

11,350 sqft 2.10 AC lot

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Individual retail properties

112-114 Albany St, Herkimer, NY 13350

Value Estimation by Request

17,508 sqft 0.24 AC lot

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Lifestyle centers

548 State St, Herkimer, NY 13350

Value Estimation by Request

16,821 sqft

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RETAIL STORES (PERSONAL SERVICES)

Washington St, Herkimer, NY 13350

Value Estimation by Request

2,400 sqft 0.40 AC lot

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RETAIL STORES (PERSONAL SERVICES)

German St, Herkimer, NY 13350

Value Estimation by Request

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Herkimer, NY Retail Space Market Trends and Statistics

Explore 13 retail space for sale in Herkimer, NY, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 56,550 square feet of properties for sale, with an estimated market value of $3,245,000.

Sale prices for retail space in Herkimer, NY start at $260,000, averaging $463,571, and reaching up to $800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 9,641

Population Growth (5Y) -1.9%

Median Household Income $62,548

College Educated 28.7%

High-Yield Neighborhoods for Investment

Identify Herkimer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
13350	$479.8K

Taxes & Financing

Tax Rate (average for all types) 6.31%

Property Tax per SF $70.25 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Herkimer County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Herkimer fall within the 10,000 to 25,000 square foot range.

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