11051 State Route 9WCoxsackie, NY 12051

Property Details for 11051 State Route 9W

Year built

1992

Lot size

2.07 AC

Property size (Sq ft)

1,344 SF

Zone code

05 - COMMERCIAL

Property type

Retail properties

Property subtype

Drive through restaurants

APN

192889 70.00-4-4.1

APU

1928897000441

Description

This exceptional 1,344 square foot commercial property, situated on a generous 2.07-acre lot at 11051 State Route 9w in Coxsackie, NY, presents a unique investment opportunity. The property's current configuration includes a well-maintained shop, complete with all equipment associated with an existing ice cream business and a mini-golf course, also with all equipment included in the sale. Its strategic location offers unparalleled convenience, being just minutes away from local amenities, schools, and major transportation arteries. The proximity to the New York State Thruway ensures effortless access for both customers and employees. This established business has enjoyed a long history as a community fixture, providing a strong foundation for continued success under new ownership. The substantial lot size offers ample space for expansion or future development, catering to a wide range of business ventures. The sale includes all existing equipment, minimizing the initial investment required to commence operations. This turnkey opportunity is ideal for entrepreneurs seeking a ready-made business with significant growth potential in a thriving community. The property's established presence and prime location combine to create a compelling investment proposition. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $490,790

  6.5%

  $453,036

  7%

  $420,677

• Comparable approach

  Method

  Valuation

  Relative Method

  $445,504

  Geo Method

  $442,530

• Alternative Use

  Use

  Valuation

  Residential

  $382,153

  Hospitality

  $350,050

  Educational

  $291,238

  Medical

  $301,254

  Retail

  $453,036

Location Insight

City

Coxsackie

County

Greene

State

New York

Latitude

42.3373

Longitude

-73.8491

Property Tax & Assessments

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