24-12-24 N Main St, Gloversville, NY

Name: 24 - 12-24 N Main St, For Sale in Gloversville - eXp Realty
Brand: Wolf River Real Estate, LLC
SKU: R1680189
Price: 349999 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$349,999

002

MLS® R1680189

Key Facts
Description
Map

Key Facts

Type Office

Levels Commercial Sale

Size 36494 sqft

Garage No

HOA Fees

Taxes $18,578

Days Active 2

Approx. Age 1950

Avg. Price Per Sqft $9

MLS® Number R1680189

Property Address: 24-12-24 N Main St, Gloversville, NY, 12078-3004

Average square foot calculated using Size range provided by listing agent.

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. Property brochure available upon request.

MLS® NumberR1680189

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1950

Stories3

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Building Only, Equipment

Price History

-End Date

Not Sold YetSold Price

For Sale

May 8, 2026List Date

$349,999List Price

Commute

Commute

Starting Address

Destination Address

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