Property profile

150 Main St Walden, NY 12586

OFF-MARKET
Investment properties
Property ID
US63-5746065
1,688 SF 0.35 ac lot Built 1979
Entity Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,688 square foot retail property, located at 150 E Main St in Walden, NY, presents a unique investment opportunity. Situated on a 0.35-acre lot in the heart of Walden, this building enjoys a highly visible location directly across from a Dunkin' Donuts, ensuring significant foot traffic. The property's zoning is R4, and its history reflects its adaptability, having previously served as a daycare, laundromat, dry cleaner, florist, and retail shop—all operating under variances. This demonstrates the flexibility of the space and its potential for a wide range of commercial uses. The building is surrounded by a diverse mix of residential, medical, and commercial establishments, creating a thriving and dynamic neighborhood. Its proximity to a local park adds to its appeal, contributing to a desirable village atmosphere. The property offers significant upside potential for a savvy investor or business owner looking to establish a presence in a vibrant and growing community. The building features oil-fueled heating and is ready for immediate occupancy. This is a rare opportunity to acquire a well-located, versatile commercial property in a desirable area with a proven track record of successful businesses. The existing variances offer flexibility for a variety of uses, making this an ideal investment for entrepreneurs seeking a unique and established location.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1979
Total area 1,688 SF
Lot 0.35 ac (15,290 SF)
Zoning code R4
APN 334205 307-4-9
UPID US63-5746065

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
  • Park

Location

150 Main St Walden, NY 12586-1554
Walden metro Census 10702 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2006
3 recorded transactions
2006
Price N/A
2006
$239,000
2001
$170,000

Zoning & alternative use

R4 · Walden, 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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