Active
12-24 North Main Street, Gloversville NY 12078
MLS# R1680189
$349,999
Price
-
Beds
-
Baths
36,494
Living Area (Sq.Ft.)
$349,999
Price
-
Beds
-
Baths
36,494
Living Area (Sq.Ft.)
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. <br>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. <br>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. <br>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.
Status
Active
Property Type
CommercialSale
Property Sub Type
Office
Year Built
1950
Parcel Number
170500149.6-7-11
Unit Number
--
Lot Features
Irregular Lot
Lot Size Dimensions
1220X590
Stories
3
Property Condition
Resale
Elementary School District
Gloversville
Middle Or Junior School District
Gloversville
High School District
Gloversville
Location
Listing Agent
Angela Gonyo
Listing Office
Wolf River Real Estate, LLC
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow,Immediately
Special Listing Conditions
Standard
Listing Terms
Cash, Other, Private Financing Available, See Remarks
Documents Available
Other,SeeRemarks
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-05-08
Fire Places Total
0
Flooring
Carpet, Linoleum, Vinyl
Heating
true
Heating Features
Gas, Forced Air
Garage
--
Garage Spaces
--
Water Source
Public
Sewer
PublicSewer
Roof
Flat
Utilities
Natural Gas Available, Sewer Connected, Water Connected
Parking Total
2
Parking Features
Common, Other, See Remarks
Basement
Full
Construction Materials
Brick, Masonry
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.