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127 Main St 4,200 SF Vacant Retail Building Cooperstown, NY 13326 $970,775 CAD ($231.14 CAD/SF) 10% Cap Rate



Investment Highlights
- Views of Doubleday Field Parking Lot
- Flexible layout for potential owner occupant or strictly investor
- Center of Cooperstown, NY
Executive Summary
A rare opportunity awaits in the heart of Cooperstown’s historic business district. Situated just steps from Doubleday Field, 127 Main Street offers over 4,200 square feet of versatile mixed-use space, blending retail, office, and residential components with one-of-a-kind outdoor amenities.
The first floor features an inviting office or retail space with wood out of Hyde Hall throughout, and bathroom, ideal for a boutique, professional office, or storefront business. The second floor includes a potential office space that has 3 potential offices with a kitchen area break room and a fully upgraded bathroom! On the third floor, a spacious two-bedroom apartment showcases cathedral ceilings and a private back deck overlooking the courtyard and the historic Doubleday Field, providing a rare and beautiful view in the center of the village.
The property is approximately 95% renovated, with extensive updates throughout. Recent improvements include new flooring and paint, updated bathrooms with new toilets and vanities, new water heaters, and modern lighting fixtures, switches, and outlets. Exterior enhancements feature a new fence, iron gates leading from Main Street through a stone pathway that opens into a private backyard courtyard—the only green space within Cooperstown’s business district. The courtyard includes multi-tiered stone patios and a storage shed, offering both functionality and charm.
This building presents an exceptional opportunity for owner-occupancy, investment, or mixed-use operations, combining strong street presence with modern updates and classic Cooperstown character. With its prime location, historic charm, and flexible layout, 127 Main Street stands out as one of Cooperstown’s most distinctive and desirable commercial properties!
(Cap rate and NOI are potential numbers)
The first floor features an inviting office or retail space with wood out of Hyde Hall throughout, and bathroom, ideal for a boutique, professional office, or storefront business. The second floor includes a potential office space that has 3 potential offices with a kitchen area break room and a fully upgraded bathroom! On the third floor, a spacious two-bedroom apartment showcases cathedral ceilings and a private back deck overlooking the courtyard and the historic Doubleday Field, providing a rare and beautiful view in the center of the village.
The property is approximately 95% renovated, with extensive updates throughout. Recent improvements include new flooring and paint, updated bathrooms with new toilets and vanities, new water heaters, and modern lighting fixtures, switches, and outlets. Exterior enhancements feature a new fence, iron gates leading from Main Street through a stone pathway that opens into a private backyard courtyard—the only green space within Cooperstown’s business district. The courtyard includes multi-tiered stone patios and a storage shed, offering both functionality and charm.
This building presents an exceptional opportunity for owner-occupancy, investment, or mixed-use operations, combining strong street presence with modern updates and classic Cooperstown character. With its prime location, historic charm, and flexible layout, 127 Main Street stands out as one of Cooperstown’s most distinctive and desirable commercial properties!
(Cap rate and NOI are potential numbers)
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,200 SF
Building Class
C
Year Built/Renovated
1920/1980
Price
$970,775 CAD
Price Per SF
$231.14 CAD
Cap Rate
10%
NOI
$97,078 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.96
Lot Size
0.10 AC
Zoning
Business District - Commercially zoned for mixed use residential and commercial. Legal 3rd Floor apartment, second floor office space, 1st floor commercial space.
Frontage
45’ on Main St.
Amenities
- 24 Hour Access
- Courtyard
- Fenced Lot
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Balcony
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 365001-131-006-0002-005-001-0000 | Improvements Assessment | $436,356 CAD |
| Land Assessment | $117,064 CAD | Total Assessment | $553,421 CAD |
Property Taxes
Parcel Number
365001-131-006-0002-005-001-0000
Land Assessment
$117,064 CAD
Improvements Assessment
$436,356 CAD
Total Assessment
$553,421 CAD
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Presented by
GLIMMERGLASS REALTY GROUP LLC
127 Main St
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