**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.
Pending
Price cut: $217K (11/6)
$218,500
246 N Main St, Herkimer, NY 13350
--beds
0baths
2,850Square Feet
Unimproved Land
Built in ----
2,850 Square Feet Lot
$-- Zestimate®
$37/sqft
$-- HOA
What's special
- 229 days
- 17
- 0
Zillow last checked:
Listing updated:
Listed by:
Keller-Williams Mohawk Valley 315-701-6900,
Delbert Ball 315-868-3933
Source: NYSAMLSs,MLS#: S1668297
Originating MLS: Mohawk Valley
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Interior area
- Total structure area: 5,844
- Total interior livable area: 5,844 sqft
Video & virtual tour
Property
Features
- Exterior features: See Remarks
Lot
- Size: 2,850 Square Feet
- Dimensions: 19 x 150
- Features: Other, Rectangular, Rectangular Lot, See Remarks
- Topography: Other,SeeRemarks
Details
- Additional structures: None
- Parcel number: 120.2529
- Zoning description: Commercial
- Special conditions: Standard
- Wooded area: 0
Utilities & green energy
- Sewer: Connected, Storm Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
Community & HOA
Location
- Region: Herkimer
Financial & listing details
- Price per square foot: $37/sqft
- Tax assessed value: $80,000
- Annual tax amount: $5,674
- Date on market: 3/21/2026
- Cumulative days on market: 82 days
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2026 | Price change | $1,500-99.3% |
Source: | ||
| 5/14/2026 | Pending sale | $218,500$37/sqft |
Source: | ||
| 3/22/2026 | Listed for sale | $218,500$37/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $80,000 |
| 2024 | -- | $80,000 |
| 2023 | -- | $80,000 |
| 2022 | -- | $80,000 |
| 2021 | -- | $80,000 |
| 2020 | -- | $80,000 |
| 2019 | -- | $80,000 |
| 2018 | -- | $80,000 |
| 2017 | $2,115 | $80,000 |
| 2016 | -- | $80,000 |
| 2015 | -- | $80,000 |
| 2014 | -- | $80,000 |
Find assessor info on the county website








