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    130 Schwenk Dr Kingston, NY 12401

    Sponsored
    For Sale
    $795,000

    Prime Kingston location, high visibility, 1,989 SF

    Property size:
    1,989 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use commercial property, located at 130 Schwenk Drive in Kingston, New York, presents a unique investment opportunity. The 1,989 square foot building, constructed in 1980, sits on a 0.33-acre lot and boasts a prime location offering high visibility on a busy road leading to the Kingston Plaza Shopping Center and the historic Kingston Stockade District. Currently configured as a bank, the property features a spacious open lobby, multiple offices, and two convenient drive-up lanes. The building's infrastructure includes a natural gas-fired forced air heating and air conditioning system, ample electrical service, and municipal water and sewer. The roof is in excellent condition, and the property includes approximately 15 paved parking spaces. Zoned C-2, permitted uses include retail, professional and governmental offices, and more. This versatile property is ideally suited for a variety of commercial uses and benefits from its proximity to the proposed Kingstonian Development, a significant project incorporating a boutique hotel, apartments, restaurants, retail space, and ample public parking. This presents a compelling opportunity to acquire a well-maintained commercial building in a thriving and rapidly developing area of Kingston.

    Property Features for 130 Schwenk Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,989 SF
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1980
    Buildings
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Rondout Savings Bank Bank

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kingston
    County
    Ulster
    State
    New York
    Longitude
    -74.0227981
    Latitude
    41.93704

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    FAQs

    What type of property is this?
    Individual retail property - Prime Kingston location, high visibility, 1,989 SF
    Where is this individual retail property located?
    The property is located at 130 Schwenk Dr Kingston, NY.
    What is the asking price?
    The asking price for this property is $795,000.
    Request Owner's contact information
    130 Schwenk Dr Kingston, NY 12401
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    Kingston, NY 12401
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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
    130 Schwenk Dr Kingston, NY 12401
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