Property profile

3040 Rte Shokan, NY 12481

OFF-MARKET
Retail properties & Spaces
3,546 SF 0.92 ac lot Built 1915
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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

Location

3040 Rte Shokan, NY 12481
Shokan 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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