324 N. Prospect St
Herkimer, New York 13350, United States

$5,500 USD

The details

Property features

Date Updated: Aug 14, 2024

Key features

Number of parking spaces

Construction details

Year built
1989

Description

Welcome to this prime commercial space, formerly a bank building, boasting ample parking and a fantastic open layout ideal for various business ventures. Situated in Downtown Herkimer, just outside Utica and halfway between Albany and Syracuse, this location offers unparalleled visibility and accessibility. Nearby area tenants include major brands such as WalMart, McDonald's, and Dollar General, ensuring a high volume of foot traffic and exposure for your business. Historically, tenants have engaged in an absolute triple net lease with investment-grade credit and annual rent escalations, presenting an attractive investment opportunity. With over 38,000 residents within a 15-minute drive and a history of $31 million in deposits during operation, this property is primed for success. Don't miss out on the chance to lease or potentially purchase this lucrative commercial space.

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Location

324 N. Prospect St, Herkimer, New York 13350, United States
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