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$649,999

Est. payment - /mo

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9,630 SqFt

Price Dropped by $50K

1 Main ST Cherry Valley, NY 13320

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Abby M. Russell

abby@russellsolutionsre.com +1(607) 846-0456

UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,630 sqft

Price per Sqft $67

MLS Listing ID S1664836

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $4,869

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 41X0

Property Sub-Type Multi Family

Property Description

Commanding the corner in the heart of Historic Cherry Valley, 1 Main Street is a landmark mixed-use investment property offering over 9,000 square feet of income-producing space. This impressive multi-story brick building blends timeless architecture with strong commercial visibility, featuring a ground-level storefront and 9+ residential apartments above. Its prominent Main Street location places tenants and customers within steps of village shops, dining, and local amenities, while the building's classic brick façade, wraparound porches, and corner presence create undeniable curb appeal. The scale and layout of the property present exceptional flexibility for investors seeking steady rental income, future value-add potential, or a flagship asset in a charming historic community. With multiple revenue streams already established and room to enhance long-term returns, this is a rare opportunity to own one of Cherry Valley's signature buildings. Whether expanding a portfolio or securing a cornerstone investment in a desirable village setting, 1 Main Street delivers location, character, and opportunity in one compelling package.

Location

State NY

County Otsego

Area Cherry Valley-Village-362401

Rooms

Basement None

Interior

Heating Electric, Heat Pump, Propane, Forced Air

Cooling Heat Pump

Flooring Hardwood, Varies

Fireplace No

Appliance Electric Water Heater

Exterior

Exterior Feature Propane Tank - Leased

Utilities Available Water Connected

Roof Type Membrane,Rubber

Building

Lot Description Corner Lot, Irregular Lot

Story 4

Sewer Septic Tank

Water Connected, Public

Structure Type Other,Stone,See Remarks

Construction Status Existing

Schools

School District Cherry Valley-Springfield

Others

Senior Community No

Tax ID 362401-058-014-0001-005-000-0000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1664836

Listed by River Hills Properties LLC Lf

NEARBY SCHOOL & BUSINESS

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Abby M. Russell

Licensed Associate Broker | License ID: 1030121086

+1(607) 846-0456

1 Main ST Cherry Valley, NY 13320

Abby M. Russell

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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1 Main ST