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246 N Main St

Herkimer, NY 13350
  • $218,500
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: S1668297
UPDATED: 25 min ago
$218,500
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

School District:

Description

**A Visionary Investment Awaits in the Heart of Herkimer** Building only FOR SALE 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.

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©2026 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor 716 Realty Group WNY shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than 716 Realty Group WNY are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2026-05-13T20:14:30.12.
www.716realtygroup.com/homes/174337783
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246 N Main St Herkimer, NY 13350

  • Price: $218,500
  • Status: Active
  • On Site: 52 Days
  • Updated: 25 min ago
  • MLS #: S1668297
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Herkimer-Village-213001
County:
Herkimer
Area:
Herkimer-Village-213001
School District:
Herkimer
Property Description
**A Visionary Investment Awaits in the Heart of Herkimer** Building only FOR SALE 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.
Exterior Features

Exterior Features See Remarks Lot Features Other Rectangular Rectangular Lot See Remarks Other Structures None Road Frontage Type City Street Topography Other See Remarks Waterfront YN No

Interior Features

Fireplace YN No Fireplaces Total 0 Living Area 5844

Property Features

Development Status Other See Remarks Documents Available Other See Remarks Listing Terms Cash Possession Close Of Escrow Possible Use Commercial Other Property Sub Type Other Sewer Connected Storm Sewer Special Listing Conditions Standard Tax Annual Amount 5674 Utilities Cable Available Electricity Available Natural Gas Available High Speed Internet Available Phone Available Sewer Available Water Available Sewer Connected Water Source Public Zoning Description Commercial

Greater Rochester Association of Realtors logo Listing information © 2026 CNYIS, GENRIS, WNYREIS. Listing provided by Delbert Ball of Keller-Williams Mohawk Valley : .
©2026 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor 716 Realty Group WNY shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than 716 Realty Group WNY are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2026-05-13T20:14:30.12.
 
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