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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5251 State Rte Smithville Flats, NY 13841

2,000 SF
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Total area 2,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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