111 Main StDolgeville, NY 13329

Property Details for 111 Main St

Year built

1930

Lot size

0.08 AC

Property size (Sq ft)

4,104 SF

Zone code

R10

Property type

Investment properties

Property subtype

Retail residential properties

APN

213601 108.36-3-36

APU

21360110836336

Description

This exceptional commercial property, located at 111 N Main St in the vibrant town of Dolgeville, New York, presents a unique investment opportunity. Boasting a generous 4,104 square feet of space, this general commercial building sits on a conveniently sized 0.08-acre lot, offering ample room for various business ventures. The property's prime location on Main Street ensures high visibility and accessibility, making it an ideal spot for a wide range of commercial uses. The building's substantial size allows for flexible layouts to accommodate diverse business needs, from retail spaces to offices, or even a combination of both. The asking price of $147,000 represents a compelling value for a property of this size and location in Dolgeville. This is a chance to acquire a well-situated commercial building with significant potential for growth and return on investment. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Serious inquiries are encouraged to explore the possibilities this property offers. Don't miss this opportunity to establish your business in a thriving community. Further details and scheduling of viewings can be arranged promptly.

• CAP approach

  CAP return

  Valuation

  6%

  $1,264,176

  6.5%

  $1,166,932

  7%

  $1,083,580

• Comparable approach

  Method

  Valuation

  Relative Method

  $836,741

  Geo Method

  $831,154

• Alternative Use

  Use

  Valuation

  Residential

  $1,166,932

  Hospitality

  $1,068,904

  Educational

  $889,315

  Medical

  $919,900

  Retail

  $1,383,379

Location Insight

City

Dolgeville

County

Herkimer

State

New York

Latitude

43.1058

Longitude

-74.7704

CBSA code

46540

CBSA name

UTICA-ROME, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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