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Ellenville Commercial Opportunity on Route 209

188 S Main St Ellenville, NY 12428

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For Sale
$799,000

2.6-acre commercial site with income and redevelopment potential.

Type:Commercial
Property size:
6,000 SF
Lot size:
2.60 Acres
Price / SF:
$133/SF
Added:
May 9, 2026
Days on Market:
65
Last Refresh:
May 9 at 3:01 am

Property Features for 188 S Main St

General Information

Standard status
Active
Size
6,000 SF
Lot size
2.60 Acres
Property subtype
Commercial

Listing office CENTURY 21 STOECKELER R.E.

Listing date May 9, 2026

Source Elliman

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 CENTURY 21 STOECKELER R.E.


Investment Insights

Based on property information with market context.

This 2.6-acre commercial property, consisting of two parcels, is located at the southern gateway to the Village of Ellenville. The site benefits from high visibility along a key approach into the Village's commercial corridor, capturing northbound traffic flow from travelers on US Route 209. The property features frontage on both US Route 209 and Country Club Road, with two existing curb cuts on Route 209 and a separate access point from Country Club Road, facilitating ingress, egress, and site circulation. Currently, the property includes three commercial buildings totaling approximately 6,000 square feet, two mobile homes, and an 11,000 square foot pad, offering multiple income streams. The mobile homes have separate access off Country Club Road. Zoned B3, the property supports a range of commercial uses, including retail, restaurants, professional offices, medical, and personal service establishments. Municipal water and sewer are in place. The property can generate income while planning for future development, maintaining current improvements, or redeveloping the site to capitalize on its location, zoning, and acreage.

Key Highlights

  • Prime commercial location at the southern gateway to Ellenville with high visibility and strong northbound traffic flow.
  • 2.6 acre site with extensive frontage on US Route 209 and Country Club Road, featuring multiple access points.
  • Zoned B3, supporting a wide range of commercial uses (retail, restaurant, offices, etc.).

Local Financial Insights For 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 $108.0k $18.00
− Vacancy −$5.9k −$0.99
EGI $102.1k $17.01
− OpEx −$30.6k −$5.10
NOI $71.4k $11.91
6,000 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.02M
$893.0K – $1.19M (±1% cap)
NOI $71,442 @ 7.0% cap · market cap 8.94%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$56.11M
$49.10M – $65.46M (±1% cap)
NOI $3,927,741 @ 7.0% cap · market cap 491.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Nova Welding LLC General Contractor

Suggested Use

Real Estate Agency Dental Office Building Supply HVAC Service Big Box & Wholesale Store Parking Lot & Garage Auto Repair Shop Electrical Service (Bike/Boat/Book/etc) Store Hair Salon

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

FAQs

What type of property is this?
Commercial land - 2.6-acre commercial site with income and redevelopment potential.
Where is this commercial land located?
The property is located at 188 S Main St Ellenville, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Prime commercial location at the southern gateway to Ellenville with high visibility and strong northbound traffic flow.; 2.6 acre site with extensive frontage on US Route 209 and Country Club Road, featuring multiple access points.; Zoned B3, supporting a wide range of commercial uses (retail, restaurant, offices, etc.).
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