Courtesy: Keller-Williams Mohawk Valley
315-701-6900
**A Visionary Investment Awaits in the Heart of Herkimer** Where commerce meets opportunity, this magnificent mixed-use property stands as a beacon for the astute investor seeking a portfolio-defining acquisition. With an impressive annual revenue stream of forty-four thousand dollars already flowing, this multi-tiered gem delivers immediate returns while promising extraordinary future appreciation as downtown revitalization transforms the surrounding streetscape. The ground floor commands attention with a versatile commercial retail space primed for an ambitious entrepreneur's dream venture, complemented by generous garage storage that adds undeniable utility and value. Ascend to the second story, where two thoughtfully appointed apartments—secured under one-year leases—provide the steady, reliable income that savvy investors covet. The third floor elevates the revenue model entirely, featuring two turnkey short-term rental apartments already generating premium nightly returns in an increasingly popular market. Five separate electrical meters and individual gas services ensure each unit operates independently—a remarkable infrastructure advantage that simplifies management and maximizes profitability. With four bedrooms and five bathrooms distributed throughout the residential spaces, this property offers exceptional flexibility and tenant appeal. Nestled within a walkable community boasting Myers Park, convenient healthcare facilities, and the charm of Herkimer County Community College nearby, the location delivers both livability and lasting desirability. The renowned Diamond Mines and the majestic Adirondack Mountains beckon visitors year-round, fueling consistent short-term rental demand. Downtown revitalization waits for no one. Seize this extraordinary opportunity before the transformation reshapes the landscape—and the price point—forever.
Opportunity to acquire mixed use property. This property features a prime ground floor storefront and nine residential apartments, including a divers mix of studios, one-bedroom, and two bedroom units. Additional value-add features include a dedicated laundry room with hookups, providing an immediate opportunity for increased revenue. While the property requires renovation it offers a massive opportunity to build equity.
Courtesy: Coldwell Banker Sexton Real Estate
315-853-3535
The Building and Lot have many potential functions. The property has nearly an acre of land. with a large, paved area for that would provide parking for any style of Business. Laundromat, Car & Truck Rental, Warehouse/Storage, Pizza/fast Food...
Courtesy: Keller-Williams Mohawk Valley
315-701-6900
Attention commercial developers!! Here we have a prime commercial area with 3 seperate lots all having structures on them. The seller is requesting all 3 parcels be sold together as is for redevelopment. There is commercial repair shop and 2 single family dwellings. Located on a main 4 corners with 20,000 car traffic per day. Ideal for a coffee shop or small retail location wthin viewing distance to Walmart main entrance. Located adjacent to a KFC and Taco Bell and McDonalds. Prime location.
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Herkimer is located in New York. Herkimer, New York has a population of 9,635. Herkimer is less family-centric than the surrounding county with 20.51% of the households containing married families with children. The county average for households married with children is 24.9%.
The median household income in Herkimer, New York is $54,452. The median household income for the surrounding county is $60,561 compared to the national median of $69,021. The median age of people living in Herkimer is 48.3 years.
The average high temperature in July is 80.7 degrees, with an average low temperature in January of 11 degrees. The average rainfall is approximately 44.7 inches per year, with 96 inches of snow per year.
