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221 Main St

3,622 SF Retail Building Germantown, NY 12526 $399,000 ($110/SF)

Investment Highlights

  • One of the few remaining properties to be redeveloped on Main Street in Germantown
  • Flexible Options with space
  • Lots of Natural Light

Executive Summary

Welcome to 221 Main Street, an exceptional property on Germantown's Main Street. Situated on a 0.2-acre lot, this versatile building offers an incredible opportunity for investors, entrepreneurs, and visionaries. The property is currently vacant and ready for transformation, making it ideal for a variety of uses on the lower level and residential or rental potential on the upper level.
Located next to the popular Gaskins restaurant and a block from Otto's Market, this property benefits from high visibility and foot traffic. The lower level is perfect for a shop, restaurant, office space, or any other commercial venture, and it can also be split into multiple commercial spaces or used as one large unit. Alternatively, the lower level can be converted into residential units, allowing for a flexible multi-family property setup. The upper level features a spacious apartment that can be split into two units or kept as one large residence, offering additional flexibility for rental income or personal use. A large parking area, a rare commodity in Germantown, provides ample parking for customers, tenants, or guests.
This 3,622 square foot building is one of the few properties on Main Street primed for renovation, allowing you to customize and create a space that meets your needs. Enjoy the convenience of being steps away from one of Germantown's most beloved restaurants and shops. Additionally, the property is approximately 2 hours from New York City and just under an hour to Albany, making it a great location for commuters or those seeking a weekend retreat.
This property is a blank canvas with endless possibilities. Whether you're looking to open a new business, develop a multi-family property, expand your real estate portfolio, or create a unique live/work space, this Main Street gem offers the perfect starting point. Don't miss out on this rare opportunity to own a piece of downtown Germantown's thriving community!
Property being sold as-is.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,622 SF
Building Class
C
Year Built
1940
Price
$399,000
Price Per SF
$110
Tenancy
Single
Building Height
2 Stories
Building FAR
0.42
Lot Size
0.20 AC
Zoning
Commercial - Commercial uses.
Parking
10 Spaces (2.76 Spaces per 1,000 SF Leased)
Frontage
67 FT on Main Street

Amenities

  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
103600-158-004-0003-038-000-0000
Land Assessment
$17,500
Improvements Assessment
$142,500
Total Assessment
$160,000
  • Listing ID: 32025318

  • Date on Market: 6/5/2024

  • Last Updated:

  • Address: 221 Main St, Germantown, NY 12526

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