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    OFF-MARKET
    Retail properties & Spaces

    3040 Rte, Shokan, NY 12481

    3,546 SF 0.92 ac lot Built 1915
    Property ID
    Property summary
    AI-generated overview

    This 3,546 square foot commercial ranch property, located at 3040 Route 28 in Shokan, New York, 12481, presents a unique investment opportunity. Built in 1915, this charming property boasts original hardwood floors, pocket doors, vaulted ceilings, large windows, and original moldings and trims. Situated on a 0.92-acre lot (approximately 204 x 194 feet), it offers ample space and versatility. The property includes a detached two-car garage. Its dual commercial and residential zoning allows for a wide range of uses, including a bed and breakfast, Airbnb, antique shop, home-based business, mediation retreat, spa, gallery, or yoga studio. The existing two-bedroom ranch home provides immediate income potential through rental or can serve as living quarters while renovations are undertaken. The property is conveniently located across from the rail trail, offering scenic views and easy access to outdoor recreation. Priced at $400,000 ($112.80 per square foot), this property represents a significant value in the desirable Shokan market. This is a rare opportunity to acquire a versatile property with substantial upside potential.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1915
    Total area 3,546 SF
    Lot 0.92 ac (40,075 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
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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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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