12-24 N Main ST, Gloversville, NY 12078
See all 49 photos
12-24 N Main ST, Gloversville, NY 12078
12-24 N Main ST, Gloversville, NY 12078
12-24 N Main ST, Gloversville, NY 12078
12-24 N Main ST, Gloversville, NY 12078
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 349,999
Est. payment /mo
Save
Active

12-24 N Main ST Gloversville, NY 12078

36,494 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 36,494 sqft

Price per Sqft $9

MLS Listing ID R1680189

Construction Status Existing

HOA Y/N No

Year Built 1950

Annual Tax Amount $18,578

Lot Dimensions 1220X590

Property Sub-Type Office

Property Description

Exceptional redevelopment opportunity in the heart of downtown Gloversville featuring three historic buildings totaling an impressive 36,494 sq ft, a secured $750,000 grant already in place, and prime placement within an Opportunity Zone offering potential tax advantages for investors and developers. Formerly operating as a bank, the property retains unique architectural features including original safety deposit boxes and a bank vault, creating endless adaptive reuse possibilities.
Portions of the property have already been renovated into professional office space, providing immediate usability and potential income while future phases are completed. The main bank building features soaring ceilings, a skylight, mezzanine level, and expansive open interior ideal for a brewery, restaurant, event venue, co-working space, boutique hotel, market hall, entertainment venue, or mixed-use redevelopment (subject to approvals). The scale and historic character create a truly one-of-a-kind investment opportunity with exceptional visibility in Gloversville's growing downtown corridor. Large display windows, multiple entrances, and flexible floorplans support a wide variety of commercial, hospitality, retail, or residential concepts.
Additional funding opportunities may be available through local and state revitalization programs, including Gloversville's Downtown Revitalization Initiative. The property also offers strong residential conversion potential for apartments, lofts, or live/work units with acquisition of nearby parking. Downtown Gloversville continues to see investment and revitalization activity, positioning this property for long-term upside and future appreciation.
Exterior improvements are needed, including portions of the façade and flat roof, allowing the next owner to customize the project to their vision while significantly increasing value. With substantial grant funding already secured, Opportunity Zone benefits, existing improvements, and major redevelopment upside, this is a rare chance to be part of Gloversville's ongoing revitalization.

Location

State NY

County Fulton

Area Gloversville-170500

Zoning Commercial

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Carpet, Linoleum, Vinyl

Inclusions Building Only, Equipment

Fireplace No

Exterior

Utilities Available Natural Gas Available, Sewer Connected, Water Connected

Roof Type Flat

Total Parking Spaces 2

Building

Lot Description Irregular Lot

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick,Masonry

Construction Status Existing

Schools

School District Gloversville

Others

Tax ID 170500149.6-7-11

Acceptable Financing Cash, Other, Private Financing Available, See Remarks

Listing Terms Cash, Other, Private Financing Available, See Remarks

Special Listing Condition Standard


Listed by Wolf River Real Estate, LLC 518-390-7059

NEARBY SCHOOLS & PROPERTIES

Michelle Thompson

Michelle Thompson

Lic. RE Salesperson | License ID: 40FA1156159

+1(315) 794-3260

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

12-24 N Main ST