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Property at 246 N Main st, Herkimer, NY 13350
IN ESCROW
0
$218,500

246 N Main stHerkimer, NY, 13350

5,844 SqFt
**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.
1 / 43

Est. Monthly

$1,036/MO

$218,500

246 N Main st, Herkimer, NY

5,844 SqFt

**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.

StatusIn Escrow
Property TypeLand
Property SubtypeOther
Days on Market84 days

Est. Monthly Payment

$1,035.68

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

246 N Main st

Herkimer, NY 13350 • Herkimer
—
Beds
—
Baths
5,844
SqFt
—
Acres
Status
In Escrow
Property Type
Land
Property Subtype
Other
Days on Market
84 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $5,674
Property History
  • Listed for sale
    Mar 21, 2026 • NYSAMLS • S1668297
    $218,500
Mortgage Calculator
Estimated monthly payment for this property
$1,035.68
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    S1668297
  • Listing Office
    Keller-Williams Mohawk Valley
  • Last Updated
    30 days ago

Lot & Grounds

  • Lot Features
    • Other
    • Rectangular
    • Rectangular Lot
    • See Remarks
  • Exterior Features
    See Remarks

Type

  • Property Type
    Land
  • Property Subtype
    Other

Condition

  • Days on Market
    84 days
  • Water
    Public
  • Sewer
    Connected
  • Utilities
    • Cable Available
    • Electricity Available
    • Natural Gas Available
    • High Speed Internet Available
    • Phone Available
    • Sewer Available
    • Water Available
    • Sewer Connected
Also Listed On
  • NYSAMLS
    1 related listing
    In Escrow$218,500

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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