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    963 Kings Hwy Saugerties, NY 12477

    Sponsored
    For Sale
    $949,900

    7,372 SF Warehouse, 3.45 Acres

    Property size:
    7,372 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Saugerties property presents a unique investment opportunity encompassing a 7,372 square foot warehouse complex situated on a generous 3.45-acre lot. The property, located at 963 Kings Highway in Ulster County, NY, 12477, is zoned for commercial use and offers significant potential for various ventures. The complex comprises three distinct buildings. The first, a 2,000 square foot structure renovated in 2001, boasts a high-end professional kitchen, complete with pizza ovens, ideal for food service operations. The second building, constructed in 2015 and spanning 2,448 square feet, features an attractive bar and dining area, perfectly suited for restaurant or banquet use. Finally, a third building provides a 3-bedroom, 1-bathroom apartment currently generating below-market rental income at $1,125 per month. This versatile property, situated on a busy roadway, presents endless possibilities for entrepreneurs in the food and beverage industry or other commercial uses. The 1962 construction offers a solid foundation for future development or immediate occupancy. This is a must-see for investors seeking a high-return property with significant upside potential. The asking price is $949,900.

    Property Features for 963 Kings Hwy

    General Information

    Property type
    Distribution properties
    Square Feet
    7,372 SF
    Lot Size
    150,282 SF

    Building Details

    Year Built
    1962

    HighLights

    • $949,900 asking price.
    • 7,372 square foot warehouse.
    • 1962 construction.
    • 3.45‑acre lot.
    • Located at 963 Kings Hwy, Saugerties, NY 12477.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Stone Pony Catering ... Caterer LibertyX Bitcoin ATM Atm

    Suggested Use

    Realty agency Law Firm Building Supply Wholesale Shop Hotel & Motel Gym & Fitness Department Store Accounting Firm Storage Facility Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saugerties
    County
    Ulster
    State
    New York
    Longitude
    -73.9795594
    Latitude
    42.0526805

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    FAQs

    What type of property is this?
    Distribution property - 7,372 SF Warehouse, 3.45 Acres
    Where is this distribution property located?
    The property is located at 963 Kings Hwy Saugerties, NY.
    What is the asking price?
    The asking price for this property is $949,900.
    What are key features of this property?
    This property features: $949,900 asking price.; 7,372 square foot warehouse.; 1962 construction.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    963 Kings Hwy Saugerties, NY 12477
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