Warrensburg Retail Opportunity For
3746 Main Street Warrensburg, NY 12885
3746 Main Street, Warrensburg, NY, 12885
$400,000
For Sale
$400,000
Former Stewart's site in growing Warrensburg, Gateway to the Adirondacks.
Property Size2,736 SF
Lot Size0.45 Acres
Price / SF$146.20
Days on Market157
Property Features for 3746 Main Street
General Information
- Standard status
- Active
- Size
- 2,736 SF
- Lot size
- 0.45 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1963
Listing Agency
KW PLATFORM
(518) 724-5800
Listed by
DRAGOS MINCIUNESCU
Source
Corcoran
Added: Feb 13 Updated: Jul 6 at 9:54 am Checked: Jul 20 at 3:44 am
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 KW PLATFORM
Investment Insights
Based on property information with market context.
This property is located in the growing town of Warrensburg, the Gateway to the Adirondacks. The previous Stewart's site includes separate office space and a spacious retail area. It features ample parking, two 200A panels, 3 phase electrical, and efficient heat pumps/ACs. The property offers potential for owner-occupancy or continued leasing with a current tenant. Additionally, there is a gated and fenced area of approximately 600 sqft with a loading dock, located beside the front parking area. The property size is 2736 sqft.
Key Highlights
- Prime location in the growing town of Warrensburg, the Gateway to the Adirondacks.
- Stable tenant in place, offering immediate income potential.
- Ample parking and a gated/fenced 600 sqft area with loading dock.
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 | $41.0k | $15.00 |
| − Vacancy | −$3.3k | −$1.20 |
| EGI | $37.8k | $13.80 |
| − OpEx | −$11.3k | −$4.14 |
| NOI | $26.4k | $9.66 |
2,736 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$377.6K
$330.4K – $440.5K
NOI $26,430 @ 7.0% cap · market cap 6.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$818.9K
$716.6K – $955.4K
NOI $57,325 @ 7.0% cap · market cap 14.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bottle & Can Retrieval ...
Recycling Center
Similar For Sale Nearby
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FAQs
What type of property is this?
Storefront property - Former Stewart's site in growing Warrensburg, Gateway to the Adirondacks.
Where is this storefront property located?
The property is located at 3746 Main Street Warrensburg, NY.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Prime location in the growing town of Warrensburg, the Gateway to the Adirondacks.; Stable tenant in place, offering immediate income potential.; Ample parking and a gated/fenced 600 sqft area with loading dock.
