Property profile

1355 Kings Hwy Chester, NY 10918

OFF-MARKET
Showrooms
Property ID
US63-4056213
2,400 SF 2.3 ac lot Built 1985
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 1355 Kings Hwy in Chester, NY, presents a unique investment opportunity. The two-story building offers 3,600 square feet of existing space situated on a generous 2.3-acre lot boasting 500 feet of stunning lake frontage. Its prime location within the historic Sugar Loaf district offers unparalleled visibility and accessibility. The property benefits from its position along the popular Sugar Loaf Artisan Hamlet Walking Path, surrounded by thriving businesses including the Sugar Loaf Performing Arts Center and numerous boutiques and shops. Proximity to local breweries, wineries, Goosepond Mountain, Warwick State Park, Castle Fun Center, LEGOLAND, and Mount Peter Ski Area adds to its appeal. Convenient access to major interstate highways (I-84, Route 6, and Route 17) within a 15-minute drive enhances its logistical advantages. Previous preliminary approvals exist for a significant expansion to 7,800 square feet, making it ideally suited for a variety of uses, including a farm-to-table restaurant, tasting room, brewery, or wedding venue. The LB-SL zoning district allows for expansive development possibilities. This property's combination of location, size, and potential makes it an exceptional investment opportunity. The existing structure provides immediate income potential while the expansion possibilities offer significant long-term growth.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1985
Total area 2,400 SF
Lot 2.3 ac (100,188 SF)
Zoning code LBSL
APN 332289 13-3-2
UPID US63-4056213

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Real Estate Agency

Location

1355 Kings Hwy Chester, NY 10918-3105
Chester metro Census 14302 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2026
5 recorded transactions
2026
Price N/A
2019
Price N/A
2017
$202,500
2017
$150,000
2016
Price N/A

Zoning & alternative use

LBSL · Chester, NY

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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