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Mixed-Use Property with Rental Apartment
For Sale
$449,000

42473 State Highway 28, Margaretville, NY 12455

Commercial Sale, Margaretville, NY

Property SizeContact for details
Lot Size0.35 Acres
Days on Market161

Property Features for 42473 State Highway 28

General Information

Property type Commercial Sale
Property subtype Other
Zoning BC
Rooms Basement
Parking 8
Basement Partially Finished
Appliances Gas Range, Refrigerator
Directions Exit 19w off NYT 87-onto State Rt 28w.
Standard status Active
APN 124689-306-008-0001-008-200
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4236

Utilities

Sewer type Public Sewer
Heating system Oil
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Well
Water front features River Front
Water front 1

Building Details

Building materials Frame
Listing Agency: Coldwell Banker Easton Prop · Coldwell Banker Real Estate
Listed By: Alejandro Rosario
Added: Apr 28 Changed: Sep 28 Last Checked: Oct 5 at 4:06AM
MLS# 992018

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property combines a liquor store business with an upstairs residential apartment. The business is included in the sale, while inventory is excluded. The fully renovated second-floor apartment has two bedrooms and cross ventilation, with the tenant responsible for utilities. The building is frame construction and includes a basement, gas range, refrigerator, oil heat, and window or wall/window cooling units.

The property at 42473 State Highway 28 in Margaretville includes a 0.35-acre lot with river frontage, a well, and public sewer. An adjacent 0.47-acre parcel is included separately by deed and is described as suitable for construction of a single-family or two-family home. The property is zoned BC.

Key Highlights

  • Liquor store business included in sale; inventory excluded
  • Renovated second‑floor 2 Br apartment with cross ventilation
  • Adjacent 0.47‑acre parcel included and deeded separately

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Building Supply Electrical Service Garden Center (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby
20k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 52% Shops & Services 48%
Super Foodtown Groceries
10,548 visits/mo 0.4 miles
Speedway Shops & Services
9,840 visits/mo 0.4 miles

Demographics for 12455, NY

1,820
Population
1,697
Households
1.1
Avg Household Size
56
Median Age
27%
College-Educated
91%
High-School Grad
71.3 sq mi
ZIP Area
26
Density / Sq Mi
$74,271
Median Household Income
$34,531
Median Earnings
$1,297
Median Rent
$219,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes an operating liquor store business and a renovated two-bedroom apartment with separate utility responsibility.
Where is this mixed-use property located?
The property is located at 42473 State Highway 28 Margaretville, NY.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Liquor store business included in sale; inventory excluded; Renovated second‑floor 2 Br apartment with cross ventilation; Adjacent 0.47‑acre parcel included and deeded separately
More about this property
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