Property profile

13854 State Route 28 Forestport, NY 13338

FOR SALE
Grocery and convenience stores
Property ID
US63-Q019313
3,200 SF
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Property summary

AI-generated overview

THIS ESTABLISHED GROCERY STORE SERVICES OTTER LAKE AND ALL TRAFFIC GOING NORTH TO OLD FORGE AND BEYOND WITH GROCERIES AND GAS AS WELL AS SOUTH TO ALDER CREEK AND IS A CONVENIENT STOP FOR SNOWMOBILES. 15 MILES NORTH OF FORESTPORT, 10 MILES SOUTH OF OLD FORGE. WHAT A GREAT OPPORTUNITY TO BE A PART OF THIS RESORT COMMUNITY, SUMMER AND WINTER ACTIVITIES. 3, 200 SQ.FT BUILDING TWO 6000 GAL. CANOPY COVERED GAS TANKS. THE STORE HOLDS 8' X 24' WALK IN COOLER, OFFICE, STOREROOM, 30 X 40 FINISHED GARAGE, GROOMED SNOW MOBILE TRAILS. DRILLED WELL, PROPANE HEAT. 350+ ROAD FRONTAGE. THE HOUSE ON PREMISES HAS 1 BEDROOM, 1 BATH, LIVING ROOM, DINING ROOM, NO BASEMENT WITH WELL AND SEPTIC THAT IS SHARED WITH THE STORE.

Property profile

Verified
Property type Grocery and convenience stores
Total area 3,200 SF
UPID US63-Q019313

Cap rate & NOI

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

Location

13854 State Route 28 Forestport, NY 13338
Forestport metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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More about this property
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