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555 State Route 55 Eldred, NY 12732

Sponsored
For Sale
$675,000

Thriving Eldred, NY commercial property with strong rental income.

Property size:
3,598 SF

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional investment opportunity encompasses a 3,598 square foot multi-unit commercial building situated on a 0.89-acre lot in the vibrant hamlet of Eldred, New York. The property features three established businesses: a popular diner, a well-established mechanic's garage, and a retail space, all currently generating rental income. The diner, a local favorite for over 30 years, boasts a 50-person seating capacity, a 12-seat counter, and a fully equipped kitchen. Its consistent popularity is evident in the consistently full parking lot. Both the mechanic's garage and the retail space are also currently under lease agreements, providing a stable stream of rental revenue. Eldred is experiencing significant growth, making this property an attractive investment for both business owners and investors seeking strong returns. The property's location offers easy access to major transportation routes, being approximately two hours from New York City and 25 minutes from train service. The surrounding area provides abundant recreational opportunities, including the Delaware River for fishing and rafting, Bethel Woods Performing Arts Center, Kartrite Indoor Water Park, Resorts World Casino, and various ski resorts like Holiday Mountain and Big Bear at Masthope Mountain. Numerous hiking and biking trails, along with renowned farmers markets, contribute to the area's year-round appeal. The property is heated by oil and features above-ground fuel storage. This is a rare chance to acquire a well-established, income-producing property in a rapidly growing community with significant potential for future expansion and increased profitability.

Property Features for 555 State Route 55

General Information

Property type
Other commercial real estate
Square Feet
3,598 SF
Lot Size
38,768 SF

Building Details

Year Built
1973

Property Profile Location Intelligence

Current Use by Public Records

Eldred Service Station Mechanic

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Auto Repair Shop Clothing Store Nail Salon Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Eldred
County
Sullivan County
State
New York
Longitude
-74.88553
Latitude
41.5262

FAQs

What type of property is this?
Commercial real estate - Thriving Eldred, NY commercial property with strong rental income.
Where is this commercial real estate located?
The property is located at 555 State Route 55 Eldred, NY.
What is the asking price?
The asking price for this property is $675,000.
More about this property
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