About 1 Main Street
Motivated Seller!! 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.
Features of 1 Main Street
| MLS® # | S1664836 |
|---|---|
| Price | $499,000 |
| Bathrooms | 0.00 |
| Square Footage | 9,630 |
| Square Footage | 6534 |
| Acres | 0.15 |
| Year Built | 1900 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1 Main Street |
|---|---|
| Area | Cherry Valley-Village |
| City | Cherry Valley |
| County | Otsego |
| State | NY |
| Zip Code | 13320 |
Amenities
| Utilities | Water Connected, Other, See Remarks |
|---|---|
| Features | Corner Lot, Irregular Lot |
| Parking | Common |
| Garages | Common |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Hardwood, Varies |
|---|---|
| Appliances | Electric Water Heater |
| Heating | Electric, Heat Pump, Propane, Forced Air |
| Cooling | Heat Pump |
| Fireplace | No |
| # of Stories | 4 |
| Stories | 4 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | Other, Stone, See Remarks |
|---|---|
| Exterior Features | Propane Tank - Leased |
| Lot Description | Corner Lot, Irregular Lot |
| Roof | Membrane, Rubber |
| Construction | Other, Stone, See Remarks |
School Information
| District | Cherry Valley-Springfield |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | River Hills Properties LLC Lf |
|---|
