Renovated Retail/Commercial Building on
For Sale
$1,299,000
4 Bona Ventura Ave, Wallkill, NY 12589
Newly renovated 6,000+ SF building on high-traffic corner.
Property Size6,000 SF
Lot Size1.00 Acre
Price / SF$216.50
Days on Market99
Property Features for 4 Bona Ventura Ave
General Information
Standard status
Active
Size
6,000 SF
Lot size
1.00 Acre
Property subtype
Commercial
Building Details
Year Built
1945
Listing Agency:
KRUMPFER REALTY GROUP
(845) 558-0075
Listed By:
Joseph Krumpfer
(845) 558-0075
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 31 at 1:46PM
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 KRUMPFER REALTY GROUP
Investment Insights
Based on property information with market context.
This newly renovated retail/commercial building offers over 6,000 square feet of space on a 1.0-acre parcel. Situated on a prime, high-traffic corner at Route 208 and Bona Ventura Avenue, the property benefits from exceptional visibility and accessibility. The fully renovated building is suitable for cafes, breweries, pub-style restaurants, social clubs, and destination retail concepts. The open layout features high exposed wood beam ceilings and full roll-up glass bay doors that open directly to the patio, creating seamless indoor/outdoor flow. Renovations totaling $850,000 have been completed, including a new roof and siding, updated plumbing and electrical systems, new HVAC systems, new floors and walls, and renovated upstairs office space. On-site parking is available, along with adjacent public parking. The location has a bike score of 55, indicating it is bikeable, and a walk score of 52, indicating it is somewhat walkable.
Key Highlights
- Prime high‑traffic corner location at Route 208 & Bona Ventura Avenue with exceptional visibility and accessibility.
- Fully renovated 6,000+ SF building with $850,000 in recent renovations, including new roof, siding, plumbing, electrical, HVAC, floors, and walls.
- Open layout with high exposed wood beam ceilings and full roll‑up glass bay doors opening to a patio, creating seamless indoor/outdoor flow.
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 | $108.0k | $18.00 |
| − Vacancy | −$4.5k | −$0.76 |
| EGI | $103.5k | $17.24 |
| − OpEx | −$25.9k | −$4.31 |
| NOI | $77.6k | $12.93 |
6,000 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.11M
$970.0K – $1.29M
NOI $77,598 @ 7.0% cap · market cap 5.97%
Second Best
Retail
$1.02M
$893.0K – $1.19M
NOI $71,442 @ 7.0% cap · market cap 5.50%
Theoretical Best
Multifamily LT 5
$56.11M
$49.10M – $65.46M
NOI $3,927,741 @ 7.0% cap · market cap 302.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
5k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Sunoco
Shops & Services
4,547 visits/mo
0.2 miles
Demographics for 12589, NY
16,935
Population
5,871
Households
2.9
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
59.5 sq mi
ZIP Area
285
Density / Sq Mi
$118,214
Median Household Income
$55,021
Median Earnings
$1,149
Median Rent
$342,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Newly renovated 6,000+ SF building on high-traffic corner.
Where is this retail space located?
The property is located at 4 Bona Ventura Ave Wallkill, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Prime high‑traffic corner location at Route 208 & Bona Ventura Avenue with exceptional visibility and accessibility.; Fully renovated 6,000+ SF building with $850,000 in recent renovations, including new roof, siding, plumbing, electrical, HVAC, floors, and walls.; Open layout with **high exposed wood beam ceilings and full roll‑up glass bay doors** opening to a patio, creating seamless indoor/outdoor flow.
