5147 State Rte 213 Olivebridge, NY 12461-5623
- Showrooms
- 3,352 SF
- 0.79 lot acres
Current Use by Public Records
- Showrooms
Property Details for 5147 State Rte 213
- Year built
- 1920
- Lot size
- 0.79 lot acres
- Property size
- 3,352 SF
- Zone code
- 01 - NOT ZONED
- Property type
- Showrooms
- APN
- 514000 54.1-1-6
- APU
- 51400054116
Description
This exceptional mixed-use property in Olivebridge, NY, presents a unique investment opportunity. Located at 5147 State Route 213, this 0.79-acre lot features a substantial building with a diverse layout. The ground floor encompasses 1,850 square feet of commercial space currently leased to the United States Postal Service, complete with a loading dock and ample parking. An additional 75-square-foot indoor utility room provides convenient storage. Upstairs, a beautifully renovated 1,150-square-foot, three-bedroom apartment offers comfortable living space. This apartment boasts a spacious 275-square-foot deck, access to the backyard, and over 500 square feet of easily accessible storage in the walk-up attic. The property also includes a large detached two-car garage with overhead doors, perfect for additional storage or workshop space. The property's location offers easy access to Kingston and the New York State Thruway, less than 20 minutes away. This property is ideal for owner-occupancy, combining residential comfort with a reliable income stream from the existing commercial tenant, or as a purely income-generating investment. The asking price is $485,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $390,000
- 6.5%
- $355,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $425,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $320,000
- Retail
- $375,000
- Mixed-Use
- $425,000
- Hospitality
- $390,000
- Educational
- $430,000
- Residential Income
- $325,000
- Energy
- $355,000
- Income-Based Land
- $415,000
- Food Service
- $435,000
Location Insight
- Map
- Local Demand
- City
- Olivebridge
- County
- Ulster
- State
- New York
- Longitude
- -74.2162
- Latitude
- 41.928
- CBSA code
- 28740
- CBSA name
- KINGSTON, NY METROPOLITAN STATISTICAL AREA