143 Canal StEllenville, NY 12428

Property Details for 143 Canal St

Year built

1970

Lot size

0.30 AC

Property size (Sq ft)

9,340 SF

Zone code

05 - COMMERCIAL

Property type

Investment properties

Property subtype

Live-work space

APN

515601 83.311-5-4.100

APU

5156018331154100

Description

This substantial mixed-use commercial building, located at 143 Canal Street in the vibrant village of Ellenville, New York, presents a unique investment opportunity. Boasting 17,380 square feet on a 0.3-acre lot, this property offers exceptional visibility from its prime Canal Street location. The ground floor features an expansive open floor plan, perfect for retail or commercial use, highlighted by large display windows ensuring maximum street presence. Two full bathrooms and a half-bath cater to both employees and customers. The rear of the building provides added functionality with a spray booth, ideal for various businesses, and multiple office/storage areas accessible from Center Street, complete with a private parking lot. An elevator conveniently connects all levels, including the basement. The basement itself includes compressor piping throughout, two half-bathrooms, an office, and a utility room, offering ample space for storage or additional operations. Adding to the income potential, two charming one-bedroom apartments are situated on the second floor, providing a steady rental stream. The property's strategic location, versatile layout, and substantial square footage make it an attractive proposition for a wide range of commercial ventures. The asking price is $775,000.

• CAP approach

  CAP return

  Valuation

  6%

  $2,320,201

  6.5%

  $2,141,724

  7%

  $1,988,744

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,228,567

  Geo Method

  $1,220,364

• Alternative Use

  Use

  Valuation

  Residential

  $2,655,738

  Hospitality

  $2,432,641

  Educational

  $2,023,929

  Medical

  $2,093,535

  Retail

  $3,148,334

Location Insight

City

Ellenville

County

Ulster

State

New York

Latitude

41.716

Longitude

-74.393

CBSA code

28740

CBSA name

KINGSTON, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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