Versatile Mixed-Use Commercial
For Sale
$385,000
Pending
7174 Route 209, Wawarsing, NY 12489
3000 sq ft mixed-use space with endless potential.
Property Size3,000 SF
Lot Size0.53 Acres
Days on Market561
Property Features for 7174 Route 209
General Information
Standard status
Pending
Size
3,000 SF
Lot size
0.53 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
2000
Listing Agency:
Corcoran Country Living
(214) 558-2115
Listed By:
Simone Consor · License #10401350029
(214) 558-2115
Source:
Exitrealty
Added: Jan 16, 2025
Changed: Jul 10
Last Checked: Jul 29 at 4:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Country Living
Investment Insights
Based on property information with market context.
Located in Wawarsing, NY, this commercial property offers a 3000 sq ft mixed-use space on a half-acre lot. Previously home to a craft brewery, the property features multiple rooms suitable for storage, office use, and flexible workspace. An insulated room, formerly used for refrigeration, and a main tasting room, which served as a taproom and food concession area, are included. The building contains two full bathrooms and one half-bath. The property includes 2000 sq ft of warehouse space with a 16' ceiling height and a designated utility room with a separate 200 AMP service. The property is paved with ample parking spaces and surrounded by privacy fencing. A new water main was installed in 2023, complementing water from an existing on-site well. The property has three separate electric meters. With municipal approvals and permits, this building offers the potential to be a live/work property. The property is located on Route 209 and is 75 minutes from NYC.
Key Highlights
- 3000 sq ft mixed‑use space on a well‑maintained half acre in the heart of Wawarsing on Route 209.
- Only 75 minutes from NYC.
- Previously a gold award‑winning craft brewery (Pfalzerbrau) with established history and potential for continuation.
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.0k | $18.00 |
| − Vacancy | −$3.2k | −$1.08 |
| EGI | $50.8k | $16.92 |
| − OpEx | −$19.0k | −$6.34 |
| NOI | $31.7k | $10.58 |
3,000 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$453.2K
$396.6K – $528.8K
NOI $31,725 @ 7.0% cap · market cap 8.24%
Second Best
Warehouse
$346.5K
$303.2K – $404.3K
NOI $24,255 @ 7.0% cap · market cap 6.30%
Theoretical Best
Multifamily LT 5
$28.06M
$24.55M – $32.73M
NOI $1,963,870 @ 7.0% cap · market cap 510.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Explore this area
Business Placement
Demographics for 12489, NY
267
Population
81
Households
3.3
Avg Household Size
43
Median Age
18%
College-Educated
100%
High-School Grad
3.6 sq mi
ZIP Area
74
Density / Sq Mi
$26,100
Median Household Income
$245,200
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 3000 sq ft mixed-use space with endless potential.
Where is this mixed-use property located?
The property is located at 7174 Route 209 Wawarsing, NY.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 3000 sq ft mixed‑use space on a well‑maintained half acre in the heart of Wawarsing on Route 209.; Only 75 minutes from NYC.; Previously a gold award‑winning craft brewery (Pfalzerbrau) with established history and potential for continuation.