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Free-Standing Warehouse Building For Sale

202 Canal St, Ellenville, NY 12428

For Sale
$1,600,000

14,200 SF free-standing warehouse suitable for various uses.

Property Size14,200 SF
Lot Size0.48 Acres
Price / SF$112.68
Days on Market565

Property Features for 202 Canal St

General Information

Standard status Active
Size 14,200 SF
Lot size 0.48 Acres

Taxes and HOA fees

Annual Taxes $8,091
Listing Agency: eRealty Advisors, Inc
Listed By: Joel Weiser · License #NYS10401338447
Source: Exprealty
Added: Apr 24, 2025 Changed: Aug 8 Last Checked: Aug 8 at 6:00AM

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 eRealty Advisors, Inc

Rey
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Investment Insights

Based on property information with market context.

A 14,200 square foot free-standing, clear span, insulated warehouse building is available for sale or lease. The building is in excellent condition and suitable for various uses, including light manufacturing, packaging, distribution, storage, medical, gymnastic, or sports facilities. The property includes infrastructure such as heavy electric power, natural gas, public sewer and water. The building features 16-foot clear ceiling heights and 2,600 square feet of office space on the second level with a separate entrance. Loading is facilitated by four 8'x9' loading docks. Utilities include municipal water and sewer, gas, and electric.

Key Highlights

  • Free‑standing 14,200 sq. ft. clear span, insulated warehouse building suitable for various uses.
  • Excellent condition with a well‑configured 2,600 sq. ft. office space on the 2nd level with a separate entrance.
  • Four (4) 8'x9' loading docks for efficient loading and unloading.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$114,807
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,296,140 $2.3M
Cap Rate 7%
$1,640,100 $1.6M
Cap Rate 9%
$1,275,633 $1.3M
Market Conditions
NOI Build-Up for 14,200 SF
Gross rent
$141.4K $9.96/SF
− Vacancy
−$6.4K −$0.45/SF
EGI
$135.1K $9.51/SF
− OpEx
−$20.3K −$1.43/SF
NOI
$114.8K $8.09/SF
Area
Ulster County, NY
Vacancy
4.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,296,140
Cap Rate 7%
$1,640,100
Cap Rate 9%
$1,275,633

Alternative Uses

Best Use
Office B
$3.98M
$3.49M – $4.65M (±1% cap)
NOI $278,924 @ 7.0% cap · market cap 17.43%
Second Best
Warehouse
$1.64M
$1.44M – $1.91M (±1% cap)
NOI $114,807 @ 7.0% cap · market cap 7.18%
Theoretical Best
Multifamily LT 5
$132.80M
$116.20M – $154.93M (±1% cap)
NOI $9,295,653 @ 7.0% cap · market cap 580.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage HVAC Service Auto Parts Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

442
Businesses Nearby
Under-served
Demand for This Use

Demographics for 12428, NY

6,969
Population
3,762
Households
1.9
Avg Household Size
40
Median Age
26%
College-Educated
87%
High-School Grad
55.1 sq mi
ZIP Area
126
Density / Sq Mi
$78,802
Median Household Income
$45,868
Median Earnings
$1,073
Median Rent
$200,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Warehouses in Ulster County, NY

$533 Jul
$434 Aug
$415 Sep
$417 Oct

Properties on Market for Warehouses in Ulster County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Warehouse - 14,200 SF free-standing warehouse suitable for various uses.
Where is this warehouse located?
The property is located at 202 Canal St Ellenville, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Free‑standing 14,200 sq. ft. clear span, insulated warehouse building suitable for various uses.; Excellent condition with a well‑configured **2,600 sq. ft. office space on the 2nd level with a separate entrance.**; Four (4) 8'x9' loading docks for efficient loading and unloading.
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