401 Main St New Paltz, NY 12561
- Turn key restaurants
- 6,403 SF
- 1.80 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 401 Main St
- Year built
- 1958
- Lot size
- 1.80 lot acres
- Property size
- 6,403 SF
- Zone code
- B2
- Property type
- Turn key restaurants
- APN
- 513889 86.12-5-27
- APU
- 5138898612527
Description
This exceptional 1.8-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of New Paltz, New York. Located at 401 Main St, this property boasts a highly desirable B2 zoning designation, opening doors to a wide array of commercial development possibilities. The asking price is $1,500,000, translating to approximately $833,333.33 per acre, reflecting the exceptional value and strategic location. Situated directly on Route 299 and in close proximity to I-87 (the New York State Thruway), this site benefits from unparalleled visibility and accessibility. With over 20,000 vehicles traversing Route 299 daily and over 40,000 on the Thruway, the potential for high foot traffic and brand exposure is substantial. This vacant lot offers a blank canvas for entrepreneurs seeking to establish a new business or expand an existing franchise. The property's prime location within Ulster County, New York, and its convenient access to major transportation arteries make it an ideal choice for businesses seeking maximum visibility and accessibility. The 12561 zip code further underscores its strategic position within a vibrant and growing community. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a sought-after area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Paltz
- County
- Ulster
- State
- New York
- Longitude
- -74.0637
- Latitude
- 41.7417
- CBSA code
- 28740
- CBSA name
- KINGSTON, NY METROPOLITAN STATISTICAL AREA
