255 Main St Port Jervis, NY 12771
This exceptional retail property, formerly a Ford dealership, boasts a prime location on E Main St in Port Jervis, NY, directly off I-84 Exit 1. The 6,480 square foot building sits on a 1.45-acre city lot and includes four lifts, an office, showroom, parts department, and a fenced yard. Its strategic location sees a daily traffic count of 16,665 vehicles. The sale includes three parcels totaling approximately 3.4 acres, with an additional 2 acres available across the street. The building is classified as Class B and is currently vacant. The property is zoned NMU and offers full municipal services. This presents a unique opportunity to capitalize on the revitalization of Port Jervis, a city experiencing growth and boasting convenient train service to New York City. The asking price is $2,000,000. This property's value lies in its exceptional location and high traffic volume.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.