219 Water St, Elizabethtown, NY 12932
This exceptional mixed-use property, situated at 219 Water Street in Elizabethtown, New York, presents a unique investment opportunity. The 0.48-acre lot offers significant potential for a variety of uses, given its prime location and existing building. The property is listed at $220,000, representing a compelling entry point into the Elizabethtown market. While the precise square footage of the building is currently unavailable, its mixed-use nature suggests a range of possibilities for both commercial and residential applications. The property's location on Water Street provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic location. Further investigation into the building's current configuration and zoning regulations is encouraged to fully explore the development potential. This property is ideal for an investor seeking a hands-on project with significant upside potential or a developer looking to capitalize on the growing Elizabethtown market. The substantial lot size also allows for future expansion or redevelopment, subject to local planning approvals. Serious inquiries are welcome. Don't miss this chance to acquire a valuable piece of Elizabethtown real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Elizabethtown, NYElizabethtown. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.