Property profile

301 Route 59 Suffern, NY 10901

OFF-MARKET
Retail properties & Spaces
1,616 SF 0.25 ac lot
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Property summary

AI-generated overview

This exceptional 1,616 square foot free-standing retail building presents a rare opportunity for business owners seeking high visibility and significant potential. Located at 301 Route 59 in Suffern, NY, this property boasts a prime location at the corner of Spook Rock Road and Cherry Lane, ensuring excellent exposure to a high volume of daily traffic. The 0.25-acre lot provides ample space for customer parking and potential future expansion. Currently configured as a single retail space, the building offers a blank canvas for a variety of businesses. While requiring some cosmetic updates and improvements (TLC), the inherent value and strategic location make this an attractive investment. The asking price is $1,299,000. This is a unique chance to establish or relocate a business in a thriving area with strong foot traffic and excellent visibility. The property's strategic corner location offers unparalleled exposure, making it ideal for a wide range of retail ventures. Don't miss this chance to acquire a well-positioned retail space with substantial upside potential in a desirable location. Serious inquiries only.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,616 SF
Lot 0.25 ac (10,890 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

301 Route 59 Suffern, NY 10901
Suffern metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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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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