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    OFF-MARKET
    Investment properties

    177 Main St, Ellenville, NY 12428-2121

    7,450 SF 0.75 ac lot Built 1970
    Individually Owned ~ Est. High Equity
    Property ID
    US63-0705947
    Property summary
    AI-generated overview

    This exceptional 7,450 square foot mixed-use commercial property is situated on a desirable 0.75-acre lot at 177 S Main St, Ellenville, NY, offering breathtaking mountain views. Conveniently located on State Route 209 at the southern entrance to the Village of Ellenville, this property presents a unique investment opportunity. The building boasts recently installed electric service, a new rubber roof, and a comprehensive security system. Currently vacant, the property offers significant flexibility. The first floor, encompassing 6,400 square feet, previously operated as a restaurant/bar/lounge, but its B-3 zoning allows for a wide range of commercial uses. This expansive space includes a large kitchen with ample storage, a fully equipped bar, a dance floor, two DJ booths, and two spacious bathrooms. Additional features include a dedicated office space and a substantial parking lot. Upstairs, a vacant 2-bedroom, 1-bathroom apartment provides further potential for rental income or owner occupancy. The property is serviced by municipal water and sewer, and features above-ground heating fuel tanks. This versatile property is ideally suited for a variety of commercial ventures and represents a compelling investment opportunity in a vibrant and growing community. Priced at $399,999.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1970
    Total area 7,450 SF
    Lot 0.75 ac (32,670 SF)
    Zoning code 05 - COMMERCIAL
    APN 515601 91.21-1-2
    UPID US63-0705947
    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
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Shawangunk Rdgview Ter Ll
    Shawangunk Rdgview Ter Ll
    since 2025
    Last sale
    $200,000
    7 recorded transactions
    2025
    $200,000
    2024
    2019
    2001
    1999
    $145,000
    1997
    $109,500
    1969
    Zoning & alternative use
    05 - COMMERCIAL · Ellenville, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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