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    5251 State Rte 41 Smithville Flats, NY 13841

    Sponsored
    For Sale
    $275,000

    Profitable Retail Business, 2,000 SF

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This established Smithville Flats, NY retail business, located at 5251 State Route 41, is offered for sale at $275,000. The 2,000 square foot property includes a well-equipped retail space ideal for grocery and general sundries, along with food service capabilities. Features include ice cream and coffee counters, multiple coolers, customer seating, and a fully equipped kitchen for preparing cold sandwiches, salads, baked goods, and pizza. A significant advantage is the inclusion of a separate 2-bedroom apartment above the store, providing additional income potential. The property also boasts a new Generac generator and a storage building with a walk-in cooler. Situated on a state highway in Chenango County, this turnkey operation presents a unique opportunity to acquire a profitable, community-serving business with significant growth potential. The property is ready for immediate operation or allows for the implementation of new ideas and expansion. A non-disclosure agreement and proof of funds are required for scheduling appointments.

    Property Features for 5251 State Rte 41

    General Information

    Property type
    Land
    Square Feet
    2,000 SF

    HighLights

    • $275,000 asking price for a Smithville Flats, NY retail business.
    • 2,000 square foot retail space with food service capabilities, including kitchen equipment.
    • Includes a 2‑bedroom apartment, offering additional income.
    • Features a new Generac generator and a storage building with a walk‑in cooler.
    • Located on State Route 41 in Chenango County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Smithville Flats
    County
    Chenango
    State
    New York
    Longitude
    -75.8086791
    Latitude
    42.3960693

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    FAQs

    What type of property is this?
    Land - Profitable Retail Business, 2,000 SF
    Where is this land located?
    The property is located at 5251 State Rte 41 Smithville Flats, NY.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: $275,000 asking price for a Smithville Flats, NY retail business.; 2,000 square foot retail space with food service capabilities, including kitchen equipment.; Includes a 2-bedroom apartment, offering additional income.
    Request Owner's contact information
    5251 State Rte 41 Smithville Flats, NY 13841
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    Smithville Flats, NY 13841
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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
    5251 State Rte 41 Smithville Flats, NY 13841
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