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    1148 State Route 52 Loch Sheldrake, NY 12759

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    For Sale
    $399,000

    Lakefront commercial building with apartment in Loch Sheldrake, NY.

    Lot size:
    0.06 Acres

    Property Features for 1148 State Route 52

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1940

    Source: Century 21 Country Realty Agent Eleanor G Hyde

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakefront Commercial Building with Apartment

    This lakefront commercial building is located in Loch Sheldrake. Currently used as a Chinese restaurant, with a three-room apartment upstairs, the property can be converted to another retail spot. The main floor offers approximately 1400 square feet of commercial space. All kitchen appliances, including coolers and a stove, will remain with the property. A deck overlooks the lake, providing an area for lakeside dining. The property includes a full walk-out basement for storage. The second floor features a three-room apartment that is currently rented by long-term tenants for $900 a month. The property offers an opportunity for renovations in preparation for the next season.
    Insight Report Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Realty agency Restaurant Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Auto Parts Store Gym & Fitness Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Loch Sheldrake
    County
    Sullivan
    State
    New York
    Longitude
    -74.6578073
    Latitude
    41.7708325

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    FAQs

    What type of property is this?
    Conventional restaurant - Lakefront commercial building with apartment in Loch Sheldrake, NY.
    Where is this conventional restaurant located?
    The property is located at 1148 State Route 52 Loch Sheldrake, NY.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Lakefront commercial building in Loch Sheldrake; - Includes a 3-room apartment on the second floor, currently rented for $900/month; - Approximately 1400 sq ft of commercial space on the main floor
    (845) 798-3086
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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
    1148 State Route 52 Loch Sheldrake, NY 12759
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