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Versatile Commercial Building

186 Main Street Ravena, NY 12143

New
186 Main Street, Ravena, NY, 12143
$350,000
For Sale
Claim this Listing
$350,000

COMMERCIAL - Ravena, NY

Property Size1,240 SF
Lot Size0.42 Acres
Price / SF$282.26
AddedJul 11
Days on Market4
Last RefreshJul 14 at 3:06 pm

Property Features for 186 Main Street

General Information

Property type
Commercial Sale
Property subtype
Office
Zoning
Commercial
Parking
30
Basement
Finished, Full
Standard status
Active
APN
012401 168.10-3-11
Size
1,240 SF
Lot size
0.42 Acres

Taxes and HOA fees

Tax Annual Amount
4485

Utilities

Sewer type
Public Sewer
Heating system
Oil
Cooling system
Central Air
Water source
Public

Building Details

Year built
1970
Building materials
Brick
Roof type
Slate

Listing agent Dave Merchant License #10401290467

Listing office Keller Williams Realty Hudson Valley United 9 Bert Crawford Rd Suite 104, Kingston, NY

Listing date Jul 11, 2026

MLS# 202621708

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained commercial building is available for sale and offers a versatile layout for a range of business uses. The property is 1,240 square feet and includes private parking for over 30 cars.

The building benefits from high traffic count on Route 9W, around 10,000 vehicles daily, supporting convenient access for clients and employees. It is described as suitable for mortgage lenders, banks, insurance companies, CPA offices, and drive-through businesses, with an emphasis on retail and service-oriented tenants including pharmacies.

The property’s combination of flexible interior space and on-site parking makes it a practical fit for businesses seeking a commercial presence along a heavily traveled corridor.

Key Highlights

  • Commercial building built in 1970 with brick exterior
  • High‑traffic location on NY‑9W with an estimated 10,000 daily traffic count
  • Private parking for over 30 cars for client and employee convenience

Local Financial Insights For Office B

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 $32.7k $26.40
− Vacancy −$7.2k −$5.81
EGI $25.5k $20.59
− OpEx −$6.4k −$5.15
NOI $19.2k $15.44
1,240 SF · lease $26.40/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$273.6K
$239.4K – $319.2K (±1% cap)
NOI $19,151 @ 7.0% cap · market cap 5.47%
Second Best
Specialty Retail
$229.1K
$200.5K – $267.3K (±1% cap)
NOI $16,037 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$386.9K
$338.6K – $451.4K (±1% cap)
NOI $27,085 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Biscone Biscone Law Firm

Suggested Use

Real Estate Agency Dental Office HVAC Service Law Firm Kitchen & Bath Showroom Plumbing Service Hair Salon Bakery (Bike/Boat/Book/etc) Store Storage Facility

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

FAQs

What type of property is this?
Office building - Well-maintained commercial building with private parking for 30+ cars near high-traffic 9W.
Where is this office building located?
The property is located at 186 Main Street Ravena, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Commercial building built in 1970 with brick exterior; High‑traffic location on NY‑9W with an estimated 10,000 daily traffic count; Private parking for over 30 cars for client and employee convenience
Contact an agent
More about this property
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