3392 State Route 97 Barryville, NY 12719
- Gas stations
- 1,840 SF
- 0.35 lot acres
Current Use by Public Records
- Gas stations
Property Details for 3392 State Route 97
- Year built
- 1945
- Lot size
- 0.35 lot acres
- Property size
- 1,840 SF
- Zone code
- HC
- Property type
- Gas stations
- APN
- 483400 28.-5-6
- APU
- 4834002856
Description
This exceptional commercial property presents a rare investment opportunity in the thriving village of Barryville, NY. Situated on a highly trafficked section of State Route 97, this landmark establishment encompasses a combined gas station, bar & grill, and convenience store, offering a diverse revenue stream. The property boasts a substantial 1,840 square feet of building space situated on a 0.35-acre lot, providing ample room for operations and potential expansion. Its prime location within the heart of Barryville ensures high visibility and consistent customer traffic, capitalizing on the area's burgeoning growth. The property's established business model provides a solid foundation for immediate returns, while the potential for further development and modernization offers significant long-term growth opportunities. This is a turnkey operation ideal for an investor seeking a well-established business with strong potential for increased profitability. The asking price of $1,800,000 reflects the property's exceptional location, established business, and significant growth potential within a rapidly developing community. This is a unique chance to acquire a landmark commercial property in a prime location, offering both immediate income and substantial future upside. Don't miss this opportunity to secure a piece of Barryville's vibrant commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $445,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $480,000
- 6.5%
- $480,000
- 7%
- $480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $525,000
- Geo Method
- $455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $410,000
- Retail
- $415,000
- Mixed-Use
- $485,000
- Hospitality
- $435,000
- Educational
- $535,000
- Residential Income
- $425,000
- Energy
- $550,000
- Income-Based Land
- $525,000
- Food Service
- $485,000
Location Insight
- Map
- Local Demand
- City
- Barryville
- County
- Sullivan
- State
- New York
- Longitude
- -74.9139
- Latitude
- 41.4786