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**A Visionary Investment Awaits in the Heart of Herkimer** 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.
| DAYS ON MARKET | 1 | LAST UPDATED | 3/21/2026 |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | Herkimer-Village-213001 |
| COUNTY | Herkimer | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Herkimer-Village-213001 |
|---|---|
| BASEMENT | Full, Yes |
| HEAT | Hot Water, Natural Gas |
| HOA DUES | Business |
| LOT DESCRIPTION | Rectangular Lot |
| LOT DIMENSIONS | 19X150 |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 5674 |
| UTILITIES | Sewer Connected |
| ZONING | Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by: Delbert Ball, Keller-Williams Mohawk Valley
Listing data courtesy of the Internet Data Exchange (IDX) Program of CNYIS and the Adirondack Champlain Valley Multiple Listing Service.
The information being provided is 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.
Listing information deemed reliable but not guaranteed
This IDX solution is (c) Diverse Solutions 2026.
