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    Mixed-use properties

    6940 Us-209, Wawarsing, NY 12489

    5.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This unique 5.1-acre mixed-use property in Wawarsing, NY, presents a multifaceted investment opportunity. Located at 6940 US-209, Ulster County, this expansive parcel boasts over 300 feet of road frontage and is currently zoned for bus/trucking terminal use. The property includes a substantial garage measuring 36 feet wide by 60 feet long, featuring 18-foot eaves and a 25-foot high center. This garage is equipped with one 12' x 14' roll-up door and two 14' x 14' opposed roll-up doors, creating a 60-foot drive-through bay. The heavy-duty reinforced concrete floor is plumbed with 2,400 feet 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 a 17-foot pass-through clearance and a 3-phase 120/208-volt, 200-amp service further enhance its functionality. Also on the property is an eight-room boutique motel (the Rondout Valley Motel), requiring extensive renovation, and a two-stall horse barn with fenced pastures. A manufactured home, completely renovated in 2018, adds to the property's versatility. This property offers diverse redevelopment or repurposing potential for various ventures, making it an exceptional investment at an asking price of $450,000. The property is offered in fee simple ownership.

    Property profile
    Verified
    Property type Mixed-use properties
    Lot 5.1 ac (222,156 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
    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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