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    OFF-MARKET
    Retail properties & Spaces

    1501 State Route 52, Liberty, NY 12754

    1 SF Built 1950
    Property ID
    Property summary
    AI-generated overview

    This vacant restaurant property at 1501 State Route 52 in Liberty, NY, presents a unique investment opportunity. Priced at $219,000, this 1-square-foot retail space, built in 1950, boasts a terrific corner location on a main route between Liberty and Loch Sheldrake, offering high visibility to traffic on NY State Route 52. The property benefits from ample parking and access from two roads, making it suitable for a variety of commercial uses. Previously operating as a pizzeria and car sales business, the building includes a large one-bedroom apartment in the rear. While requiring some renovations, the property's structure is sound. The property is zoned for commercial use and features municipal water and a boiler approximately two years old. Its proximity to Sullivan County Community College, the main Liberty shopping center, and the cultural attractions and shops of downtown Hurleyville adds to its appeal. This location in the thriving Sullivan County Catskills region offers significant potential for a savvy investor. The property is currently vacant, allowing for immediate customization to suit a new business. This is a chance to capitalize on a prime location in a growing area. The property is located in Sullivan County, NY, zip code 12754.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1950
    Total area 1 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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