Short Term Rental

Herkimer, NY Short Term Rental Properties for Sale

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Mixed-Use Building with Retail and Apartments
Updated: Mar 21
Mixed-Use Building with Retail and Apartments

246 N Main st, Herkimer, NY 13350

$218,500
5,844 sqft
Substantial Annual Revenue: Generates $44,000 in annual revenue, providing immediate returns.
Mixed‑Use Property: Features a commercial retail space, garage storage, and residential apartments for diverse income streams.
Short‑Term Rental Income: Two turnkey short‑term rental apartments on the third floor generate premium nightly returns.
Fully Leased Apartments: Two apartments on the second floor are secured under one‑year leases, ensuring steady income.
Independent Utilities: Five separate electrical meters and individual gas services simplify management and maximize profitability.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Herkimer, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Mixed-Use Office and Residence
Mixed-Use Office and Residence

Sharon Springs, NY 13459

$124,900
1,760 sqft 0.10 AC lot

Mixed-use building with downstairs office space and an upstairs residential unit with three bedrooms.

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Mixed-Use Building with Rental Unit
Mixed-Use Building with Rental Unit

105 Beechwood Rd, Sharon Springs, NY 13459

$124,900
1,760 sqft

Building includes a downstairs office/medical space with kitchen and half bath plus an upstairs 3-bedroom short-term rental unit.

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8-Unit Furnished Apartment Building
8-Unit Furnished Apartment Building

7373 Rt 20, Waterville, NY 13480

$599,900
2,112 sqft

Eight furnished studio apartments feature private baths, kitchen appliances, window A/C units, on-site laundry, and guest internet access.

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8-Unit Short-Term Rental Property
8-Unit Short-Term Rental Property

7373 Rt 20, Waterville, NY 13480

$599,900
2,112 sqft

Furnished studio apartments offer individual baths, kitchen appliances, window A/C, on-site laundry, and paved parking.

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Herkimer, NY Short Term Rental Properties Market Trends and Statistics

Explore 1 short term rental properties for sale in Herkimer, NY on our real estate platform. These investment opportunities span a total of 5,844 square feet of properties for sale, with an estimated market value of $218,500.

Sale prices for short term rental properties in Herkimer, NY average $218,500 — 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

Duplexes 7
Apartment buildings 3
Short term rental properties 3
Quadplexes 1
Triplexes 1

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 $218.5K

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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