Active

1 Main Street

Cherry Valley, NY 13320

$589,000 $2,483/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

9,630

Sqft

0.15

Acre(Lot)

Description

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 mul tiple 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.

Property Details

Property Type : Residential

Price : $589,000

AD Id : 79680798

MLS Id : S1664836

Lot Size : 0.15 Acre

Living Area Size : 9,630

Year Built : 1900

County : Otsego

Map

What's Nearby

Nearby Areas

Features

Room Information

Basement: None
Flooring Information

Hardwood, Varies
Roofing Information

Membrane, Rubber
Interior Features

Roof: Membrane, Rubber Appliances: Electric Water Heater
Heating & Cooling

Has Heating: Yes Heating: Heat Pump, Electric, Propane, Forced Air Has Cooling: Yes Cooling: Heat Pump

Building Information

Year Built: 1900 Building Area Total: 9630 Construction Materials: Other, Stone, See Remarks Stories: 4 Private Pool: No

Lot Information

Lot Dimensions: 41X0 Main Square Feet: 0.15 Acres Lot Size Acres: 0.15 Lot Size Square Feet: 6534 Lot Description: Corner Lot, Irregular Lot

Listing Price Information

Listing Price: $589000 Original Price: $725000 Cash

Tax Information

Parcel Number: 362401-058-014-0001-005-000-0000 Annual Tax: $4869

Parking Information

Common

Utility Information

Water Connected
Location Information

WaterSource: Public

Sell a home like this and save $34,841 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 06/09/2026 @ 03:33

MLS: S1664836 LISTED BY: Brandon Mosher, River Hills Properties LLC Lf 315-508-5268 SOURCE: Central New York Information Services