RETAIL REVITALIZATION
Vacant "Old Hardware" Store
Address:
110 W Main Street
Sponsors:
Loutzemeeder Properties, LLC
Owners/members:
Michael Sheffield
Estimated Project Cost:
$295,000
Project Time line:
1-2 years
Building Size:
5,000 sq ft
Levels / Stories
2
Year Built
1929 & 1950
Recent Investment:
$450,000 invested by LoutzeMeeder Properties, LLC into adjacent property: 114 W Main St.
The 110 W Main Street vacant 5,000 SF building holds a 46 ft expanse on Main Street, which is the single longest of the attached row buildings under the unique and historic walkway awning arcade, providing a large visual impact.
Retail activity at 110 W Main Street is essential to the revitalization of the business district. It has been recognized as a critical building for restoration with its location in the center of the downtown attached row buildings. With updated electrical service, roof and façade improvements, and customization for a retail service, the building can be turnkey for an entrepreneur. What once was a vibrant hardware store was sold during the COVID Pandemic and is used for general storage and the occasional retail sale. With the recent passing of the property owner, the estate has the property for sale.
The neighboring Cooler Bar & Grille is a big attraction with live entertainment and sponsored volleyball tournaments at Edmunds Park. The owners, Cris Loutzenhiser and Amanda Meeder, are opening the Cooler Creamery (coming May 2025). 110 W Main Street is the attached row building adjacent to the ‘Cooler’ at 114 W Main Street. With the NY Forward Award to contribute to the rehabilitation needed, Loutzemeeder Properties, LLC is proposing to purchase 110 W Main Street and restore it, much like they participated in the NY Main Street Implementation Grant for the Cooler Creamery ice cream shop. They recognize the need for additional candy stores and other amenities in efforts of attracting and serving tourists. This project is of particular interest to the Sherman Chamber of Commerce and is supported by the community.
Preserving our past, building our future...
Project Breakdown
Exterior Restoration
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Owner participated in the Village’s NY Main St Walkway Awning Restoration Project as the first step toward the beautification and preservation of the building amongst the downtown streetscape.
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Replace windows, door, and the siding with material in keeping with the original masonry brick.
Energy Efficiency
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Electrical service for energy efficiency, and for the safety and protection of all neighboring buildings.
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Replacement of windows and door.
Historic Appearance
The current vacant and future retail location is centered among the downtown attached row buildings on the south side of W Main Street, stretching 46 ft under the unique walkway awning, making it a critical piece of Sherman’s historic character.
Fit with Vision Statement
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Cultivate Economic Growth & Prosperity
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Celebrate Historic Character, Culture, and Art
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Secure Diverse Residential Housing
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Expand Local Amenities
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Attract Visitors and Commuters to the Region
Alignment with NY Forward Goals
Create an active downtown & sense of place
Attract a variety of new businesses for residents & visitors, & provide job opportunities
Enhance public spaces for arts & cultural events, serving the community & visitors around the region
Grow the local property tax base
Provide amenities that support & enhance downtown living & quality of life
Reduce greenhouse gas emissions & support investments that are more resilient to future climate change impacts