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    1355 Kings Hwy Chester, NY 10918

    For Sale
    $799,999

    Prime 2.3-acre commercial property, expansion potential.

    Property size:
    3,600 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property, located at 1355 Kings Hwy in Chester, NY, presents a unique investment opportunity. The two-story building offers 3,600 square feet of existing space situated on a generous 2.3-acre lot boasting 500 feet of stunning lake frontage. Its prime location within the historic Sugar Loaf district offers unparalleled visibility and accessibility. The property benefits from its position along the popular Sugar Loaf Artisan Hamlet Walking Path, surrounded by thriving businesses including the Sugar Loaf Performing Arts Center and numerous boutiques and shops. Proximity to local breweries, wineries, Goosepond Mountain, Warwick State Park, Castle Fun Center, LEGOLAND, and Mount Peter Ski Area adds to its appeal. Convenient access to major interstate highways (I-84, Route 6, and Route 17) within a 15-minute drive enhances its logistical advantages. Previous preliminary approvals exist for a significant expansion to 7,800 square feet, making it ideally suited for a variety of uses, including a farm-to-table restaurant, tasting room, brewery, or wedding venue. The LB-SL zoning district allows for expansive development possibilities. This property's combination of location, size, and potential makes it an exceptional investment opportunity. The existing structure provides immediate income potential while the expansion possibilities offer significant long-term growth.

    Property Features for 1355 Kings Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,600 SF
    Lot Size
    100,188 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    SPM Associates Real Estate Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Hair Salon Nail Salon Hotel & Motel Pharmacy Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Orange County
    State
    New York
    Longitude
    -74.2878
    Latitude
    41.31683

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 2.3-acre commercial property, expansion potential.
    Where is this commercial real estate located?
    The property is located at 1355 Kings Hwy Chester, NY.
    What is the asking price?
    The asking price for this property is $799,999.
    (845) 928-8000
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    1355 Kings Hwy Chester, NY 10918
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    Chester, NY 10918
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1355 Kings Hwy Chester, NY 10918
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