Property profile

132 Main St Tannersville, NY 12485

OFF-MARKET
Commercial real estate
Property ID
US63-4081133
9,648 SF 2.48 ac lot
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Property summary

AI-generated overview

This exceptional 9,648 square foot property, situated on a desirable 2.48-acre lot in Tannersville, NY, presents a remarkable investment opportunity. Located at 132 S Main St, this versatile property boasts a prime location near shopping and amenities, while offering breathtaking natural views. The existing structure presents a unique chance for renovation and repurposing, catering to a variety of uses. Its size and location make it ideally suited for conversion into a hotel or motel, capitalizing on the area's growing tourism potential. Alternatively, the expansive lot allows for the construction of a new building, tailored to meet specific needs. The property's high potential for income generation makes it an attractive proposition for investors, schools, summer camps, or homeowners seeking a significant return on investment. The fast-growing area ensures continued appreciation and strong rental prospects. This is a rare opportunity to acquire a substantial property in a desirable location with immense potential for future development and profitability. The property's versatility and prime location make it a truly exceptional investment opportunity. Don't miss this chance to secure a piece of Tannersville's thriving real estate market.

Property profile

Verified
Property type Commercial real estate
Total area 9,648 SF
Lot 2.48 ac (108,029 SF)
UPID US63-4081133

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

132 Main St Tannersville, NY 12485
Tannersville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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