Kerhonkson Commercial Space on
6437 Route 209 Kerhonkson, NY 12446
For Sale
Contact for pricing
Versatile commercial space on a busy highway with rustic charm.
Property Size735 SF
Price / SF$393.20
Days on Market167
Property Features for 6437 Route 209
General Information
- Standard status
- Active
- Size
- 735 SF
- Property subtype
- Office, Retail, Industrial, Mixed Use
Building Details
- Year Built
- 1940
Listing Agency:
Lucille Hand Real Estate
Listed By:
Gail Vesely · License #10371200588
Source:
Crexi
Added: Feb 8
Changed: Jul 10
Last Checked: Jul 24 at 5:04PM
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 Lucille Hand Real Estate
Investment Insights
Based on property information with market context.
This commercial property is located on a busy section of US Highway 209, offering high visibility and traffic for attracting customers. The 735 square foot space features a unique interior with wood, stone, and brick elements, creating a rustic charm suitable for various business types or office space. The layout includes a main central room and a breakroom/storage space at the rear. Climate control is provided by mini-split air units for both air conditioning and heating. The property also features on-demand electric hot water, town water, and a private septic system. There is highway road frontage just before the hamlet of Kerhonkson when approaching from the south. Parking is available on both sides of the building, with entrances on each side, including one with a ramp. The property has a history of diverse uses, including a real estate office and office space for a trucking logistics company. With some modifications, it could be suitable for a food/cafe business. The property offers an affordable opportunity to start a business.
Key Highlights
- High‑visibility location on busy US Highway 209 with significant road frontage.
- Unique interior with rustic wood, stone, and brick features.
- Versatile space suitable for various business types or office use.
Financial Insights For Office B
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 | $22.1k | $30.00 |
| − Vacancy | −$2.8k | −$3.81 |
| EGI | $19.2k | $26.19 |
| − OpEx | −$4.8k | −$6.55 |
| NOI | $14.4k | $19.64 |
735 SF · lease $30.00/SF/yr · vacancy 12.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$206.2K
$180.5K – $240.6K
NOI $14,437 @ 7.0% cap · market cap 5.00%
Second Best
Retail
$125.0K
$109.4K – $145.9K
NOI $8,752 @ 7.0% cap · market cap 3.03%
Theoretical Best
Multifamily LT 5
$6.87M
$6.01M – $8.02M
NOI $481,148 @ 7.0% cap · market cap 166.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Mixed-use property - Versatile commercial space on a busy highway with rustic charm.
Where is this mixed-use property located?
The property is located at 6437 Route 209 Kerhonkson, NY.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: High‑visibility location on busy US Highway 209 with significant road frontage.; Unique interior with rustic wood, stone, and brick features.; Versatile space suitable for various business types or office use.
