3 Lohmaier Ln, Lake Katrine, NY 12449
Two properties for the price of one. This exceptional 6,000 + Sq. ft. commercial property offers a rare blend of business, redisential, and investment potential, all situated in a prime location with zoning for commercial use. Boasting high -visibility signage directly facing a major highway, this property ensures excellent exposure for any enterprise. The main building is currently configured to support a variety of uses, including a restaurant with a bar, a spacious banquet room, and dedicated office space- perfect for administrative operations, client meetings or addtional rental space. Above the kitchen area, you'll find 2 well-maintained accessory apartments and a one bedroom, ideal for on-site living, staff housing, or rental income. In added to the main building, the property includes a separate duplex with two -bedroom units, offering additional rental income or extended housing options for employees or family. This property offers the perfect setup for an entrepreneur,investor,or business owner looking to establish a strong presence with multiple income streams. Ample parking for 33 vehicles makes this location ideal for high-traffic operations such as dining, events, or professional services.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.