3 Hamilton Rd Bloomingburg, NY 12721
- Retail properties
- 1,200 SF
- 0.66 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3 Hamilton Rd
- Year built
- 1810
- Lot size
- 0.66 lot acres
- Property size
- 1,200 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional opportunity presents a well-established convenience store and deli in Bloomingburg, NY, situated on a 0.66-acre lot at 3 Hamilton Rd, 12721. Built in 1810 and extensively renovated in 2022, this 1,200 square foot, single-story building boasts a strong 38.52% cap rate and a substantial Net Operating Income (NOI) of $250,000. The asking price is $649,000 ($540.83/sq ft). This owner-user investment features eight parking spaces and is zoned for commercial use. The business has enjoyed over 25 years of success, offering breakfast, lunch, dinner, and essential household goods, along with convenient services such as lottery tickets, beer sales, and an ATM. Its strategic location adjacent to the Mamakating post office ensures high visibility and consistent traffic from both local residents and town workers. The business generated $790,000 in gross income in 2023. This turnkey operation is ready for a new owner to continue its legacy of success within the thriving community. The property is located in Sullivan County, New York.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bloomingburg
- County
- Sullivan
- State
- New York
- Longitude
- -74.3823
- Latitude
- 41.5902
