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    6 Main St Parksville, NY 12768

    Sponsored
    For Sale
    $375,000

    Parksville Waterfront Investment Opportunity

    Property size:
    4,301 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 6 Main Street in Parksville, NY, presents a unique investment opportunity. Boasting 4,301 square feet, this former restaurant offers significant potential for a variety of commercial uses. The property features a fully equipped commercial kitchen, including two walk-in units and a slide-through dishwasher, along with a pizza oven and a small stage. Six bathrooms and multiple bonus rooms with an additional full bath upstairs provide ample space for expansion or adaptation. Its prime location on Main Street offers easy access to NYS Route 17, with convenient on/off ramp access nearby. Adding to its appeal, the Parksville Rail Trail is directly behind the property, providing easy access for recreation and potential synergy with outdoor-oriented businesses. The property is zoned Service Commercial, allowing for diverse business ventures. Parksville is experiencing a revitalization, with numerous new businesses opening, creating a thriving entrepreneurial environment. This property's strategic location, halfway between Liberty and Livingston Manor, NY, further enhances its investment potential. The building's existing infrastructure, including the commercial kitchen and multiple bathrooms, significantly reduces initial setup costs for prospective buyers. This is a rare chance to acquire a versatile waterfront commercial property in a rapidly growing area.

    Property Features for 6 Main St

    General Information

    Property type
    Multifamily properties
    Square Feet
    4,301 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hotel & Motel Gym & Fitness Department Store Skin Care Clinic Kitchen & Bath Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Parksville
    County
    Sullivan
    State
    New York
    Longitude
    -74.7617318
    Latitude
    41.8576907

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Multifamily property - Parksville Waterfront Investment Opportunity
    Where is this multifamily property located?
    The property is located at 6 Main St Parksville, NY.
    What is the asking price?
    The asking price for this property is $375,000.
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    6 Main St Parksville, NY 12768
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    Parksville, NY 12768
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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
    6 Main St Parksville, NY 12768
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