6940 Rt 209 Wawarsing, NY 12489
This unique 5.1-acre Ulster County, NY property presents a multifaceted investment opportunity. The site boasts over 300 feet of road frontage on Route 209 in Wawarsing, currently zoned for a bus/trucking terminal. A substantial existing structure includes a 36' x 60' garage featuring 18' eaves and a 25' high center, equipped with one 12' x 14' roll-up door and two 14' x 14' opposed roll-up doors creating a 60' drive-through bay. The garage's heavy-duty reinforced concrete floor is plumbed with 2,400' of radiant heat tubing and an 8-zone manifold, complemented by three floor drains connected to a 750-gallon holding tank. A 12,000 lb., 2-post vehicle lift with 17' pass-through clearance and a 3-phase 120/208-volt, 200-amp service are also included. Additionally, an eight-room motel (requiring extensive renovation), a two-stall horse barn with fenced pastures, and a manufactured home completely renovated in 2018 are situated on the property. This versatile property offers significant potential for restoration, redevelopment, or repurposing to suit a variety of ventures. The property is located at 6940 rt 209, Wawarsing, NY 12489. Asking price: $499,999.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.