246 N Main St Herkimer, NY 13350
5,844 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 5,844 sqft
Price per Sqft $37
MLS Listing ID S1668291
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $5,674
Lot Dimensions 19X150
Property Sub-Type Business
Property Description
Where commerce meets opportunity, this magnificent mixed-use property stands as a beacon for the astute investor seeking a portfolio-defining acquisition. With an impressive annual revenue stream of forty-four thousand dollars already flowing, this multi-tiered gem delivers immediate returns while promising extraordinary future appreciation as downtown revitalization transforms the surrounding streetscape.
The ground floor commands attention with a versatile commercial retail space primed for an ambitious entrepreneur's dream venture, complemented by generous garage storage that adds undeniable utility and value. Ascend to the second story, where two thoughtfully appointed apartments—secured under one-year leases—provide the steady, reliable income that savvy investors covet. The third floor elevates the revenue model entirely, featuring two turnkey short-term rental apartments already generating premium nightly returns in an increasingly popular market.
Five separate electrical meters and individual gas services ensure each unit operates independently—a remarkable infrastructure advantage that simplifies management and maximizes profitability. With four bedrooms and five bathrooms distributed throughout the residential spaces, this property offers exceptional flexibility and tenant appeal.
Nestled within a walkable community boasting Myers Park, convenient healthcare facilities, and the charm of Herkimer County Community College nearby, the location delivers both livability and lasting desirability. The renowned Diamond Mines and the majestic Adirondack Mountains beckon visitors year-round, fueling consistent short-term rental demand.
Downtown revitalization waits for no one. Seize this extraordinary opportunity before the transformation reshapes the landscape—and the price point—forever.
Location
State NY
County Herkimer
Area Herkimer-Village-213001
Zoning C3
Rooms
Basement Full
Interior
Heating Gas, Hot Water
Inclusions Building Only
Fireplace No
Exterior
Utilities Available Sewer Connected
Roof Type Asphalt
Total Parking Spaces 2
Building
Lot Description Rectangular, Rectangular Lot
Story 3
Sewer Public Sewer
Construction Status Existing
Schools
School District Herkimer
Others
Tax ID 120.25-2-9
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1668291