125 Main StSherman, NY 14781

Property Details for 125 Main St

Year built

1900

Lot size

0.12 AC

Property size (Sq ft)

980 SF

Property type

Investment properties

Property subtype

Live-work space

APN

066601 328.10-1-32

APU

6660132810132

Description

This exceptional 1,960 square foot commercial property, situated at 125 W Main St in Sherman, NY, presents a unique investment opportunity. Located in the heart of Sherman's bustling business district, this newly remodeled building boasts a highly desirable location with excellent visibility and substantial foot traffic. The 0.12-acre lot provides ample space for convenient parking and potential future expansion. The interior has undergone a complete modernization, resulting in a flexible and adaptable layout suitable for a diverse range of commercial uses. Whether you envision a thriving retail space, modern office environment, or a dynamic mixed-use establishment, this property offers the perfect canvas for your entrepreneurial vision. The modern upgrades ensure a functional and appealing space for both tenants and customers. The building's strategic placement within the business district guarantees high exposure to potential clients, maximizing the return on investment. This is an exceptional opportunity to acquire a turnkey commercial property in a vibrant and growing community. The property's versatility and prime location make it an attractive proposition for both established businesses seeking expansion and new ventures looking for a strong foothold in the market. Don't miss this chance to own a piece of Sherman's thriving commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $224,742

  6.5%

  $207,455

  7%

  $192,636

• Comparable approach

  Method

  Valuation

  Relative Method

  $99,944.40

  Geo Method

  $135,990

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $400,352

  Retail / Commercial

  $206,917

  Hospitality / Lodging

  $153,863

  Office

  $207,551

  Institutional / Educational

  $216,125

  Residential Income

  $252,866

  Multifamily

  $296,203

  Automotive / Energy

  $185,250

  Parking / Income-Based Land

  $62,667.40

  Restaurant / Food Service

  $110,621

  Healthcare / Senior Housing

  $211,433

Location Insight

City

Sherman

County

Chautauqua

State

New York

Latitude

42.1596

Longitude

-79.596

CBSA code

27460

CBSA name

JAMESTOWN-DUNKIRK-FREDONIA, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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