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    OFF-MARKET
    Investment properties

    369 Morris St, Bath, NY 14810-1029

    3,414 SF 0.28 ac lot Built 2012
    Individually Owned 15-yr Hold ~ Est. High Equity
    Property ID
    US63-0599075
    Property summary
    AI-generated overview

    This exceptional commercial property at 369 W Morris St, Bath, NY presents a rare opportunity to acquire an established, profitable business along with its 12-year-old building. The 3,414 square foot building sits on a 0.28-acre lot, conveniently located just off I-86, ensuring high visibility and accessibility. Designed with customer experience in mind, the business boasts efficient operations and meticulously maintained inventory, as evidenced by comprehensive, well-kept records. All equipment is owned and in excellent working order, making this a truly turnkey operation. The current business model is demonstrably profitable, offering immediate returns for the new owner. Furthermore, the property presents potential for expansion or diversification, allowing for increased revenue streams. Detailed inventory lists and operational documents are available, providing a comprehensive understanding of the business's performance and potential. This is a remarkable opportunity to acquire a thriving business and a well-maintained building, ready for immediate operation and future growth. The asking price is $1,900,000. Don't miss this chance to own a successful, established enterprise.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 2012
    Total area 3,414 SF
    Lot 0.28 ac (12,197 SF)
    Zoning code 04 - FARM
    APN 462401 158.11-01-022.000
    UPID US63-0599075
    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
    Current use
    Occupant on record · Public records
    • Village Laundromat (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Coin Op-portunity Knocks · 15 yrs held
    Coin Op-portunity Knocks
    since 2010
    1 recorded transaction
    2010
    $76,000
    Zoning & alternative use
    04 - FARM · Bath, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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