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370-372 NORTH MAIN ST
Gloversville, NY 12078

$759,999
Est. Mortgage: $3,809/mo
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Active
  • 10,964
    sq.ft.
Commercial

10,965-square foot multi-tenant Dollar General strip situated on 1.34 acres in Gloversville, New York. Dollar General recently picked up an early extension through August 2025, with a rental escalation in September 2020. 3, 5-year renewal options remain with rental escalations in each renewal option. Under the lease, landlord has minimal obligations. Tremendous value add potential through leasing out the adjacent 1,950 sq./ft. vanilla box. Stabilized Cap rate of 7.8%. Ideal property for 1031 Exchange client

Property Details
  • $20,000.00
    taxes
  • 2006
    built
  • 201723273
    MLS#
Handicap access
Parking spaces: 20
Lot acreage is: 1.34
Lot zoned: Commercial
Total square feet: 10964
Courtesy of:
Berkshire Hathaway Blake
(518) 464-0870

Call (855) 464-2662

855-GO-HANNA
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Get more info or schedule a showing:
Address Distance Sale date Sale price
2 ONEIL AVE 3.49 mi. 11/30/2017 $272,000
0 STATE HIGHWAY 67 5.25 mi. 1/19/2017 $21,900
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{"markerType": "Sold", "lat": "43.01952", "lng": "-74.374157", "Address": "2 ONEIL AVE", "City": "JOHNSTOWN", "StateProv": "NY", "ZipCode": "12095"}
{"markerType": "Sold", "lat": "42.987646", "lng": "-74.32853", "Address": "0 STATE HIGHWAY 67", "City": "JOHNSTOWN", "StateProv": "NY", "ZipCode": "12095"}
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Gloversville Real Estate Market in 12078
178
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$97,594
Average sale price
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The approximate monthly principal & interest payment for this property would be $3,809.05.

This payment is based on a 30-year loan at a fixed rate of 4.750 % - APR 4.848 % with a down payment of $38,000. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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370-372 NORTH MAIN ST, Gloversville, NY 12078 commercial offered for sale at $759,999.