109 2Nd StNorthville, NY 12134

Property Details for 109 2Nd St

Year built

1920

Lot size

0.11 AC

Property size (Sq ft)

984 SF

Property type

Investment properties

Property subtype

Live-work space

APN

173201 32.5-8-8

APU

17320132588

Description

This exceptional mixed-use property, located at 109 N 2nd St Unit 109 in Northville, NY, presents a compelling investment opportunity. Situated on a sizable 0.43-acre lot, this property offers significant potential for a variety of uses, given its mixed-use zoning classification. The building's precise square footage is currently unavailable, however, the substantial lot size allows for considerable expansion or redevelopment possibilities. The asking price is $135,000, representing a competitive entry point into the Northville commercial real estate market. This location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving community. The property's versatility allows for creative adaptation to suit a range of commercial and potentially residential needs, subject to local zoning regulations. Further due diligence is recommended to fully assess the property's potential and to confirm its suitability for intended uses. Detailed property records and zoning information are readily available upon request. This is a rare chance to acquire a well-positioned mixed-use property in a desirable location, offering both immediate income potential and long-term growth prospects. Don't miss this chance to secure a valuable asset in the heart of Northville.

• CAP approach

  CAP return

  Valuation

  6%

  $244,441

  6.5%

  $225,638

  7%

  $209,521

• Comparable approach

  Method

  Valuation

  Relative Method

  $129,434

  Geo Method

  $128,569

• Alternative Use

  Use

  Valuation

  Residential

  $279,791

  Hospitality

  $256,287

  Educational

  $213,228

  Medical

  $220,561

  Retail

  $331,687

Location Insight

City

Northville

County

Fulton

State

New York

Latitude

43.2261

Longitude

-74.175

CBSA code

24100

CBSA name

GLOVERSVILLE, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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