1059 Ulster Ave Kingston, NY 12401
- Auto shops
- 9,475 SF
- 0.54 lot acres
Current Use by Public Records
- Auto shops
Property Details for 1059 Ulster Ave
- Year built
- 1970
- Lot size
- 0.54 lot acres
- Property size
- 9,475 SF
- Zone code
- 36
- Property type
- Auto shops
- APN
- 515400 48.42-3-15
- APU
- 5154004842315
Description
This exceptional 9,475 square foot retail property is situated on a high-traffic road in Ulster County, just outside Kingston, NY. Benefitting from a 0.53-acre lot, this location offers unparalleled visibility and accessibility, surrounded by a thriving mix of big-box retailers, restaurants, offices, and medical facilities. The property's strategic placement near the iPark 87 complex positions it for significant future growth and development. Previously occupied by Tires Plus Inc., the building presents a versatile opportunity for redevelopment or continued use in a similar capacity. The approximately 2,300 square foot showroom features 11'4" ceilings and large windows, providing excellent natural light and showcasing potential for optimal product display. The property also includes six garage bays – five with 10-foot doors and one with a 12-foot door – boasting 15'8" high ceilings and heated open space, ideal for warehouse storage or various adaptive reuse scenarios. Additional office space and several unfinished areas offer further expansion possibilities. The building is equipped with forced air heat, central air conditioning, municipal water and sewer, three-phase 400-amp electric service, a dry sprinkler system, and natural gas hookup capabilities, providing significant operational flexibility. This prime location offers a unique chance to establish or expand a business in a dynamic and rapidly developing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $365,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $320,000
- Retail
- $300,000
- Mixed-Use
- $380,000
- Hospitality
- $305,000
- Educational
- $325,000
- Residential Income
- $390,000
- Energy
- $295,000
- Income-Based Land
- $385,000
- Food Service
- $360,000
Location Insight
- Map
- Local Demand
- City
- Kingston
- County
- Ulster
- State
- New York
- Longitude
- -73.9912
- Latitude
- 41.9608
- CBSA code
- 28740
- CBSA name
- KINGSTON, NY METROPOLITAN STATISTICAL AREA