246 N Main St Herkimer, NY 13350
Estimated payment $1,622/month
About This Lot
**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.
Listing Agent
Listing by Keller-Williams Mohawk Valley License #10401246417 Listed on: 03/21/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,674
Home Design
- 5,844 Sq Ft Home
Lot Details
- Lot Dimensions are 19x150
- Rectangular Lot
Utilities
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 120.25-2-9
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,247 | $80,000 | $20,600 | $59,400 |
| 2023 | $4,904 | $80,000 | $20,600 | $59,400 |
| 2022 | $4,862 | $80,000 | $20,600 | $59,400 |
| 2021 | $4,843 | $80,000 | $20,600 | $59,400 |
| 2020 | $7,301 | $80,000 | $20,600 | $59,400 |
| 2019 | $2,115 | $80,000 | $20,600 | $59,400 |
| 2018 | $3,403 | $80,000 | $20,600 | $59,400 |
| 2017 | $3,263 | $80,000 | $20,600 | $59,400 |
| 2016 | $3,787 | $80,000 | $20,600 | $59,400 |
| 2015 | -- | $80,000 | $20,600 | $59,400 |
| 2014 | -- | $80,000 | $20,600 | $59,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/21/2026 03/21/26 | For Sale | $218,500 | -- | $37 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: Mid New York Regional MLS
MLS Number: S1668297
APN: 213001-120-025-0002-009-000-0000
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Ask me questions while you tour the home.