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4115 Rt-28

Boiceville, NY 12412
  • $795,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: H6305129
UPDATED: 60 min ago
$795,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

School District:

Description

This strip plaza is located on State Route 28, with a daily traffic count of 7,000 vehicles. It is situated at the gateway to the Catskills and offers over 42,000 square feet of commercial space. The plaza consists of a large commercial building and 4 attached stores/service shops. It is conveniently located next to the area's largest grocery/shopping center and across the street from the local high school. The high-traffic location ensures year-round business from surrounding homeowners, skiers, tourists, and local development. The property is in very good condition and has municipal sewer access. The large commercial space, previously used as a lumber yard and salvage retail store, offers over 35,000 square feet of office, retail, and warehouse space with excellent visibility from State Route 28. The building has updated systems, including the roof, heating, and cooling units. The tenant base is solid, with a Post Office, Restaurant, Woodstock Antiques, and cafe/catering already occupying the space. The vacant large commercial storefront with warehouse space is available for lease at $4,500 per month. For potential buyers, it's important to note that the sale of the building comes with a non-compete restriction for the grocery business next door for 10 years. At the asking price with the vacant large commercial space, the Cap rate is approximately 6%. Please refer to the associated documents for more information on income and expenses related to the property.

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© 2024 OneKey MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty NYC Group. Data last updated: 2024-12-04T16:56:18.603.
www.padernachtrealestate.com/homes/156848945
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4115 Rt-28 Boiceville, NY 12412

  • Price: $795,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 60 min ago
  • MLS #: H6305129
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Olive
County:
Ulster
Area:
Olive
School District:
Onteora
Property Description
This strip plaza is located on State Route 28, with a daily traffic count of 7,000 vehicles. It is situated at the gateway to the Catskills and offers over 42,000 square feet of commercial space. The plaza consists of a large commercial building and 4 attached stores/service shops. It is conveniently located next to the area's largest grocery/shopping center and across the street from the local high school. The high-traffic location ensures year-round business from surrounding homeowners, skiers, tourists, and local development. The property is in very good condition and has municipal sewer access. The large commercial space, previously used as a lumber yard and salvage retail store, offers over 35,000 square feet of office, retail, and warehouse space with excellent visibility from State Route 28. The building has updated systems, including the roof, heating, and cooling units. The tenant base is solid, with a Post Office, Restaurant, Woodstock Antiques, and cafe/catering already occupying the space. The vacant large commercial storefront with warehouse space is available for lease at $4,500 per month. For potential buyers, it's important to note that the sale of the building comes with a non-compete restriction for the grocery business next door for 10 years. At the asking price with the vacant large commercial space, the Cap rate is approximately 6%. Please refer to the associated documents for more information on income and expenses related to the property.
Exterior Features

Construction Materials Block Overhead Door Height 10

Interior Features

Cooling Central Air Cooling YN Yes Heating PropaneForced Air Hot Water None

Property Features

Business Type Retail Current Use CommercialFood ServiceMixed UseOfficeRetailWarehouse Inclusions A/C Units MLSArea Minor 99 Net Operating Income 0 Operating Expense 45166 Property Sub Type Retail Sewer Public Sewer Tax Annual Amount 13885 Tax Annual Amount1 13885 Township Olive Water Source Well Zoning Description 01 - BV 1/2

Listing courtesy of Louis Naccarato of Berardi Realty: 845-201-1111
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty NYC Group. Data last updated: 2024-12-04T16:56:18.603.
 
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Keller Williams Realty NYC Group
2300 Eastchester Road
Bronx NY, 10469