138 W Main St | Richfield Springs, NY 13439
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138 W Main St
Richfield Springs, NY 13439
Value-Add Mixed-Use · Retail Property For Sale
Investment Highlights
- Mixed-use storefront retail with multifamily units on upper floors in the charming Downtown Richfield Springs.
- Value-add opportunity to lease vacant spaces at market rates and repurpose the top floor for additional revenues.
- Location offers a high quality of life for residential tenants, with amenities like Spring Park within walking distance.
- Property is on the National Register of Historic Places and is eligible for the Federal Historic Tax Credit Program.
- West Main Street is an excellent place for business, with shops and restaurants seeing over 6,300 vehicles per day.
- Nearby businesses on West Main Street include New York Pizzeria, Cassidy’s Diner, Aubuchon Hardware, Parkview Liquors, and more.
PROPERTY FACTS
Sale Condition
Auction Sale
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
17,424 SF
Building Class
B
Year Built
1950
Percent Leased
10%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.00
Lot Size
0.40 AC
Zoning
1
Parking
10 Spaces (0.57 Spaces per 1,000 SF Leased)
Frontage
86 ft on Main St
Amenities
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 365601-025-005-0001-022-000-0000 | Improvements Assessment | $232,600 |
| Land Assessment | $19,929 | Total Assessment | $252,529 |
PROPERTY TAXES
Parcel Number
365601-025-005-0001-022-000-0000
Land Assessment
$19,929
Improvements Assessment
$232,600
Total Assessment
$252,529
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