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306 State St
Herkimer, NY 13350
 Arby's Restaurant · Retail Property For Sale

Retail Buildings New York Herkimer 306 State St, Herkimer, NY 13350

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Investment Highlights

  • True Absolute NNN Lease
  • Herkimer is the County Seat
  • Approximately 11.5 Years Remaining on the lease
  • Corporate Guaranteed
  • High Performing Location - Low Rent to Sales
  • Low Competition

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,415 SF
Building Class
C
Year Built/Renovated
1990/2015
Price
$2,749,000 CAD
Price Per SF
$1,138.30 CAD
Cap Rate
6%
NOI
$164,940 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.60 AC
Zoning
C2
Frontage
131’ on State St

Property Taxes

Parcel Number 213001-120-025-0002-064-100-0000 Improvements Assessment $501,859 CAD
Land Assessment $189,667 CAD Total Assessment $691,526 CAD

Property Taxes

Parcel Number
213001-120-025-0002-064-100-0000
Land Assessment
$189,667 CAD
Improvements Assessment
$501,859 CAD
Total Assessment
$691,526 CAD
 

  • Listing ID: 41175986

  • Date on Market: 2026-07-06

  • Last Updated:

  • Address: 306 State St, Herkimer, NY 13350

The Retail Property at 306 State St, Herkimer, NY 13350 is currently available for Sale. Contact Malchus Real Estate for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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