Property profile

2841 Route 17M Goshen, NY 10924

OFF-MARKET
Retail properties & Spaces
4,106 SF 2.8 ac lot Built 1860
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Property summary

AI-generated overview

This exceptional 4,106 square foot retail property, situated on a high-traffic section of Route 17M in Goshen, NY, presents a lucrative investment opportunity. Boasting a prime location between Goshen and Middletown, this established business enjoys over 17,000 daily car counts, ensuring consistent visibility and customer traffic. The property sits on a substantial 2.8-acre lot, offering ample space for expansion and future development. Currently operating as a florist since 1989, the versatile space is suitable for a wide range of retail uses, benefiting from the flexible HC (highway commercial) zoning. Potential uses include, but are not limited to, gas station/convenience store, car wash, restaurant, brewery, or self-storage facility. The property features convenient dual access points to a large parking lot, enhancing customer accessibility and convenience. The asking price is $500,000. This is a rare opportunity to acquire a well-established business and property with significant growth potential in a highly desirable location. The substantial lot size and high traffic volume make this an ideal investment for both established businesses and new ventures seeking a prominent presence in a thriving commercial corridor.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1860
Total area 4,106 SF
Lot 2.8 ac (121,968 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2841 Route 17M Goshen, NY 10924
Goshen metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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