72 Center StEllenville, NY 12428

Property Details for 72 Center St

Year built

1965

Lot size

0.11 AC

Property size (Sq ft)

2,178 SF

Zone code

B-1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

515601 83.311-4-21

APU

51560183311421

Description

This exceptional retail property, located at 72 Center Street in the vibrant town of Ellenville, New York, presents a unique investment opportunity. Boasting a generous 3,606 square feet of space, this property is ideally suited for a variety of retail businesses seeking a prominent presence in a bustling commercial area. The building sits on a conveniently sized 0.11-acre lot, offering ample space for customer parking and potential outdoor display areas. The strategic location on Center Street ensures high visibility and accessibility for customers, maximizing foot traffic and potential sales. The asking price of $799,000 reflects the property's prime location and significant potential for return on investment. This is an exceptional opportunity to acquire a well-situated retail space in a thriving community. The property's size and location make it suitable for a wide range of retail concepts, from boutiques and specialty stores to larger-scale operations. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for immediate occupancy, allowing for a swift and efficient transition for new business owners. Don't miss this chance to establish your business in a highly visible and desirable location. The strong local economy and high foot traffic make this a truly compelling investment.

• CAP approach

  CAP return

  Valuation

  6%

  $541,049

  6.5%

  $499,430

  7%

  $463,756

• Comparable approach

  Method

  Valuation

  Relative Method

  $286,490

  Geo Method

  $284,577

• Alternative Use

  Use

  Valuation

  Residential

  $619,293

  Hospitality

  $567,269

  Educational

  $471,961

  Medical

  $488,193

  Retail

  $734,162

Location Insight

City

Ellenville

County

Ulster

State

New York

Latitude

41.7166

Longitude

-74.3948

CBSA code

28740

CBSA name

KINGSTON, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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