For Sale
$220,000

20-22 Main St Amsterdam, NY 12010

Prime Restaurant/Storefront Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional three-story mixed-use building, located at 20-22 Main Street in Amsterdam, NY, presents a unique investment opportunity. Boasting 5,856 square feet on a 0.05-acre lot, this property offers significant potential for redevelopment. Built in 1960, the building is zoned commercial and features a multi-tenancy setup, ideal for a variety of uses. The asking price is $220,000, translating to $37.57 per square foot. The City of Amsterdam has awarded a $1 million grant through the Empire State Development Restore NY Program for building renovations in the area, presenting a compelling incentive for potential buyers. Note that a full gut rehabilitation is anticipated. The property's prime location on Main Street places it in the heart of Amsterdam, a city experiencing significant investment and revitalization. The property's APN is 55.35-1-48. This is a rare chance to acquire a substantial commercial property in a rapidly developing area. Serious inquiries are encouraged.

Highlights

  • $220,000 asking price for this multi-tenant retail property.
  • 5,856 square feet on a 0.05-acre lot in Amsterdam, NY.
  • Located at 20-22 Main St, Amsterdam, NY 12010.
  • Three-story building, built in 1960, with Commercial zoning.
  • $37.57 per square foot.

Property Details for 20-22 Main St

Property type
Retail properties, Restaurants
Square Feet
5,856 SF
Year Built
1960
Stories
3
Lot Size (sq. ft)
2,178 SF

Location Insight

City
Amsterdam
County
Montgomery
State
New York
Latitude
42.936939470466
Longitude
-74.192944768094

FAQs

What type of property is this?
Retail property - Prime Restaurant/Storefront Opportunity
Where is the retail property located?
The property is located at 20-22 Main St Amsterdam, NY.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: $220,000 asking price for this multi-tenant retail property.; 5,856 square feet on a 0.05-acre lot in Amsterdam, NY.; Located at 20-22 Main St, Amsterdam, NY 12010.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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20-22 Main St
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