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Equipped Grocery and Convenience Store

3585 US-20, Sloansville, NY 12160

For Sale
$425,000

Commercial Sale, Sloansville, NY

Property Size1,400 SF
Lot Size0.70 Acres
Price / SF$303.57
Days on Market145

Property Features for 3585 US-20

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking 20
Parking features Off Street
Lot features Road Frontage
Directions From Cobleskill take NY-7 E. Turn left onto NY-30A N and follow it for 3.8 miles. Turn right onto US-20 E, and in 128 feet, make an immediate left. The business will be on your right.
Standard status Active
APN 433089 27.2-2-16
Size 1,400 SF
Lot size 0.70 Acres

Taxes and HOA fees

Tax Annual Amount 4616

Utilities

Sewer type Septic Tank
Heating system Forced Air
Cooling system Ductless
Water source Well

Building Details

Year built 1960
Building materials Block
Roof type Rubber
Listing Agency: Country Boy Realty
Listed By: Matthew Loder · License NY #10311204132
Added: Jun 23 Changed: Oct 2 Last Checked: Nov 14 at 2:06AM
MLS# 202620293

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,400-square-foot commercial property on 0.7 acres includes an operating liquor and wine retail business, the real estate, and the established business entity. The building dates to 1960 and features block construction, forced-air heating, ductless cooling, a rubber roof, off-street parking, well water, and a septic tank. Commercial zoning supports the property's retail configuration.

The property occupies the corner of US Highway 20 and Route 30 at a controlled traffic light intersection in Sloansville, New York. Its setting provides access to Schoharie, Cobleskill, and the greater Capital District. The business has served the community since 2012 and is offered with its existing equipment and inventory.

Key Highlights

  • 1,400‑square‑foot commercial building on 0.7 acres
  • Operating liquor and wine retail business included with the real estate
  • Established business has served the community since 2012

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,397
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,940 $387.9K
Cap Rate 7%
$277,100 $277.1K
Cap Rate 9%
$215,522 $215.5K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$27.7K $19.80/SF
− Vacancy
−$1.9K −$1.33/SF
EGI
$25.9K $18.47/SF
− OpEx
−$6.5K −$4.62/SF
NOI
$19.4K $13.86/SF
Area
Schoharie County, NY
Vacancy
6.70%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,940
Cap Rate 7%
$277,100
Cap Rate 9%
$215,522

Alternative Uses

Best Use
Specialty Retail
$277.1K
$242.5K – $323.3K (±1% cap)
NOI $19,397 @ 7.0% cap · market cap 4.56%
Second Best
Retail
$241.7K
$211.5K – $281.9K (±1% cap)
NOI $16,916 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$369.4K
$323.2K – $430.9K (±1% cap)
NOI $25,855 @ 7.0% cap · market cap 6.08%
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

Grocery and convenience stores

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
7,287 visits/mo 0.1 miles
U-Haul Shops & Services
1,349 visits/mo 0.5 miles

Demographics for 12160, NY

938
Population
421
Households
2.2
Avg Household Size
46
Median Age
13%
College-Educated
91%
High-School Grad
15.5 sq mi
ZIP Area
61
Density / Sq Mi
$70,833
Median Household Income
$49,028
Median Earnings
$1,069
Median Rent
$159,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Operating liquor and wine business offered with the real estate and established business entity.
Where is this grocery and convenience store located?
The property is located at 3585 US-20 Sloansville, NY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,400‑square‑foot commercial building on 0.7 acres; Operating liquor and wine retail business included with the real estate; Established business has served the community since 2012
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