$175,000

About This Property

Step into a rare opportunity to own a piece of Amsterdam history in the heart of the city's rapidly revitalizing downtown district. Built in 1900, this iconic mixed-use property is filled with timeless character, endless potential, and positioned perfectly to capitalize on the exciting growth happening throughout Amsterdam. The first-floor commercial space boasts a strong rental history with the previous tenant occupying the space for over a decade, featuring a large open-concept layout with oversized storefront windows that flood the space with natural light -- ideal for retail, restaurant, gallery, office, brewery, or boutique business use. The second floor is currently configured as a spacious 1-bedroom, 1-bath owners suite but could easily be converted into two residential units, loft-style apartments, or short-term rentals. The true centerpiece is the untouched third-floor ballroom, offering soaring ceilings, vintage architectural charm, and incredible flexibility for redevelopment into luxury lofts, artist studios, event space, wellness studio, coworking hub, or a one-of-a-kind penthouse residence. Surrounded by new investment, restaurants, small businesses, waterfront development, and the continued rebirth of downtown Amsterdam, this property presents a rare chance to create something truly special while becoming part of one of the Mohawk Valley's most exciting revitalization stories.