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    OFF-MARKET
    Commercial real estate

    209 Commercial St, Theresa, NY 13691

    447 SF 0.09 ac lot Built 1945
    Property ID
    Property summary
    AI-generated overview

    This unique 447 sq ft commercial property at 209 Commercial St, Theresa, NY, presents a rare investment opportunity. Originally built circa 1890 as a workshop, this beautifully renovated building retains its historical charm, evidenced by a bronze plaque commemorating its significance. The building's distinctive partial octagon exterior design blends seamlessly with modern updates. A striking feature is the large 9' x 7' triple-insulated all-glass garage door opening onto a captivating outdoor area. This expansive outdoor space is a true highlight, featuring a multi-level deck with cascading seating, a concrete bar, a covered lounge area perfect for relaxation, and a fire pit for ambiance. A realistic man-made waterfall adds to the serene atmosphere, while a dedicated play zone caters to children. A pull-down movie screen enhances the entertainment possibilities, making this property ideal for hosting events and gatherings. The property sits on a 0.09-acre lot. All equipment and furnishings are included, making this a truly turnkey operation ready for immediate use. This is an exceptional chance to own a piece of Theresa's history and capitalize on its growing community. The asking price is $295,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1945
    Total area 447 SF
    Lot 0.09 ac (3,920 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
    Current use
    Occupant on record · Public records
    • Hours | My Site Haunted House
    • JEZI'S CAFE Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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