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Property profile & analytics
OFF-MARKET
Investment properties

151 Rte 28 Inlet, NY 13360

1,300 SF 0.53 ac lot Built 1928
Individually Owned 2-yr Hold Free & Clear
Property ID
US63-3662893
Property summary
AI-generated overview

This unique mixed-use property in Inlet, NY, presents a fantastic investment opportunity. The main attraction is "The Caboose," a charming and profitable panini shop housed in a repurposed railroad caboose. The fully equipped kitchen is ready for immediate operation, boasting a successful track record. Outdoor seating options include covered and uncovered patios, plus a shared dining tent with a neighboring establishment. The business operates daily during peak summer months and four days a week during the shoulder seasons (spring and fall). Included in the sale is a spacious 1,561 square foot, three-bedroom, one-and-a-half-bathroom home situated on a 0.44-acre lot. This residence, currently utilized as a short-term rental, offers versatile potential as owner/manager housing or employee accommodation. The home features a bonus room and a screened-in porch, adding to its appeal and functionality. The property's prime location in Inlet, NY, ensures high visibility and consistent customer traffic, making this a truly exceptional turnkey business and residential package. The asking price is $584,500. This is a rare opportunity to acquire a thriving business and comfortable living space in a desirable Adirondack setting.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1928
Total area 1,300 SF
Lot 0.53 ac (23,087 SF)
Zoning code C3
APN 202800 59.016-2-13.111
UPID US63-3662893
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Joseph J Yuknevich · 2 yrs held
Joseph J Yuknevich
since 2024
Last sale
$215,000
3 recorded transactions
2024
Price N/A
2019
$215,000
2013
Price N/A
Zoning & alternative use
C3 · Inlet, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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