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38 Reid St - St Michaels Society 3,975 SF Specialty Building Offered at $199,999 in Amsterdam, NY 12010



EXECUTIVE SUMMARY
Endless potential for investors, entrepreneurs, and creatives alike. Commercial property made up of three separate parcels—packed with potential and ready for its next chapter. The first floor features a fully operational bar with a small kitchen and two restrooms. Just off the bar, you'll find a recently renovated, gated outdoor common area boasting an updated patio and electric—perfect for events, entertainment, or expanding service options. Head upstairs to the second floor, a spacious gathering area ideal for private parties, celebrations, or additional revenue-generating uses. The third floor once served as an apartment and, with some cosmetic updates, could be brought back to life as rental income or owner space. This property offers a rare chance to make money and have fun while doing it. With three parcels and flexible zoning options, it could also be converted into apartments or mixed-use space depending on your vision.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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-
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| Total Expenses |
$99,999
|
$9.99
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TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $199,999 | Building Size | 3,975 SF |
| Price Per SF | $50.31 | No. Stories | 3 |
| Sale Type | Owner User | Year Built | 1926 |
| Property Type | Specialty |
| Price | $199,999 |
| Price Per SF | $50.31 |
| Sale Type | Owner User |
| Property Type | Specialty |
| Building Size | 3,975 SF |
| No. Stories | 3 |
| Year Built | 1926 |
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PROPERTY TAXES
| Parcel Number | 270100-056-037-0002-041-000-0000 | Improvements Assessment | $44,900 (2024) |
| Land Assessment | $5,100 (2024) | Total Assessment | $50,000 (2024) |
PROPERTY TAXES
Parcel Number
270100-056-037-0002-041-000-0000
Land Assessment
$5,100 (2024)
Improvements Assessment
$44,900 (2024)
Total Assessment
$50,000 (2024)
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38 Reid St - St Michaels Society
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