Property profile

1501 State Route 52 Liberty, NY 12754

OFF-MARKET
Retail properties & Spaces
1 SF Built 1950
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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

Location

1501 State Route 52 Liberty, NY 12754
Liberty metro
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Value estimations

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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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