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Drive-Through Retail Building

186 Main Street Ravena, NY 12143

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

Well-maintained commercial building with private parking for 30+ and visibility on busy 9W.

Property Size1,240 SF
Price / SF$282.26
AddedJul 9
Days on Market6
Last RefreshJul 12 at 1:51 am

Property Features for 186 Main Street

General Information

Standard status
Active
Size
1,240 SF
Property subtype
Commercial

Building Details

Year Built
1970

Listing office KELLER WILLIAMS REALTY HV NORT

Listing date Jul 9, 2026

Source Corcoran

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 KELLER WILLIAMS REALTY HV NORT


Investment Insights

Based on property information with market context.

This well-maintained commercial building is for sale and offers a versatile layout suited to a range of retail and service users. The property is positioned to support businesses such as mortgage lenders, banks, insurance companies, CPA offices, pharmacies, and drive-through concepts, with modern amenities built into the offering.

The location features a high traffic count on 9W of approximately 10,000 vehicles per day, supported by private parking for more than 30 cars. The combination of accessibility for customers and convenient on-site parking makes the building practical for day-to-day operations.

Overall, the configuration and current condition make this a strong fit for organizations looking for a drive-through-capable footprint with ample parking and steady roadway exposure.

Key Highlights

  • Well‑maintained commercial building built in 1970
  • High traffic count on 9W of about 10,000 cars per day
  • Private parking for over 30 cars

Local Financial Insights For Specialty Retail

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 $22.3k $18.00
− Vacancy −$937 −$0.76
EGI $21.4k $17.24
− OpEx −$5.3k −$4.31
NOI $16.0k $12.93
1,240 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$229.1K
$200.5K – $267.3K (±1% cap)
NOI $16,037 @ 7.0% cap · market cap 4.58%
Second Best
Retail
$213.8K
$187.1K – $249.5K (±1% cap)
NOI $14,968 @ 7.0% cap · market cap 4.28%
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

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?
Bank - Well-maintained commercial building with private parking for 30+ and visibility on busy 9W.
Where is this bank 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: Well‑maintained commercial building built in 1970; High traffic count on 9W of about 10,000 cars per day; Private parking for over 30 cars
Contact an agent
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