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    2704 State Route 28 Thendara, NY 13472

    Sponsored
    For Sale
    $849,000

    Adirondack gem: 3,238 sq ft, 0.94 acres.

    Property size:
    3,238 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 3,238 square foot commercial property, situated on a 0.94-acre lot in the desirable Thendara, NY location, presents a unique investment opportunity. Currently featuring unfinished structures, this property offers immense potential for a variety of uses. Imagine transforming the existing buildings into a profitable bed and breakfast, generating income through rental units, or completely redeveloping the site to accommodate a new business venture. The property's prime location within the Old Forge Hamlet ensures high visibility and accessibility, capitalizing on the consistent appeal of the Adirondack region. The existing structures provide a solid foundation for renovation or a complete rebuild, allowing for customization to suit your specific business plan. This is a rare chance to acquire a substantial property in a highly sought-after area known for its strong tourism and recreational activities. The Adirondacks' enduring popularity guarantees a robust investment climate, making this a truly exceptional opportunity for discerning investors seeking a high-return venture. The 0.94-acre lot provides ample space for expansion or outdoor amenities, further enhancing the property's value and potential. Don't miss this chance to secure a piece of the Adirondack landscape and build your dream business. The property is priced at $849,000.

    Property Features for 2704 State Route 28

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,238 SF
    Lot Size
    40,946 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Nail Salon Wholesale Shop Pharmacy Law Firm Food Market Spa & Massage Dental Office Auto Parts Store Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Thendara
    County
    Herkimer
    State
    New York
    Longitude
    -74.9972
    Latitude
    43.70071

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    FAQs

    What type of property is this?
    Commercial real estate - Adirondack gem: 3,238 sq ft, 0.94 acres.
    Where is this commercial real estate located?
    The property is located at 2704 State Route 28 Thendara, NY.
    What is the asking price?
    The asking price for this property is $849,000.
    (315) 735-2222
    Request Owner's contact information
    2704 State Route 28 Thendara, NY 13472
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    Thendara, NY 13472
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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
    2704 State Route 28 Thendara, NY 13472
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