Herkimer, NY 13350

$299,500
MLS #/Web ID: 1701142
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1701142

Commercial Property for sale in Herkimer, NY

for $299,500. This 90,000 square foot building was built in 1940 on a lot size of 149x999.

Property Information

  • $299,500
  • Commercial
  • 90,000 Square Feet
  • Taxes are $16,312
  • Income
  • Active
  • 3 Floors
  • Lot size of 149x999
  • Built in 1940
  • Herkimer, NY
  • Herkimer County
  • MLS/Web ID is 1701142

Description

-Unique opportunity! Set just off of the main thoroughfare, this property has multiple store fronts, along with an income producing gym in the basement. Once a high end department store, the upper floors can be used as warehouse storage or can be converted into loft or student housing with unlimited income potential. Property has 3 elevators, newer roof, and potential for 100+/- car parking, new lighting and sprinklers in place.

Interior 7

Basement

  • Basement

Flooring

  • Concrete Floors
  • Wood Floors

Heating Source

  • Gas/Electric

Heating System

  • Forced Air
  • Gravity
  • Hot Water

Interior

  • Elevator(s)
  • Freight Elevator

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 3

Construction

  • Brick

Foundation

  • Block
  • Other
  • Poured

Roof

  • Rubber

Miscellaneous 1

Commercial

  • 110 Volts
  • 3 Phase Electric

† Excluded Feature

Neighborhood & Schools

School District: Herkimer

 See complete school information

Listed By

Listing Agent: Mark A. Enjem
Broker: Utica - WEICHERT, REALTORS® - Premier Properties

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Pricing History

Date Price Price Change Description
6/30/2017 $299,500 -24.94 % Price Change
5/10/2017 $399,000 -12.69 % Price Change
4/7/2017 $457,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Herkimer $230,175 23 % below $207,400 31 % below
Commerical listings in Herkimer $241,850 19 % below $259,450 13 % below

Get the facts about Herkimer, NY!

Population 10,219
Population Growth (since 2000) 3 %
Median Income $38,330
Median Age 39.74
Households w/ Children 21 %

Residential Dwellings

  • Owned 2366
  • Vacant 435
  • Rented 1807

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