53484 State Hwy 30, Roxbury, NY 12474
This exceptional 706-square-foot commercial property, located at 53484 State Hwy 30 in Roxbury, New York (zip code 12474), presents a unique investment opportunity. The property is zoned for retail use and includes a storefront, office space, full kitchen, and half bath. Previously used as a wine and liquor store, its prime location near ski mountains, wedding venues, and restaurants ensures high visibility and foot traffic, attracting both locals and tourists. Roxbury's vibrant atmosphere is further enhanced by its recent award of a $10 million Downtown Revitalization Grant, promising significant future growth. While the property generated $7,687 in gross rental income from a short-term Airbnb rental in 2019, its potential rental income is estimated between $850 and $1,100 per month. The asking price is $695,000. Potential improvements include insulating exterior walls and ceilings, upgrading the electrical service panel to 200 amps, and repainting the exterior. This property offers a blend of immediate income potential and long-term growth prospects in a desirable location. The property sits on land and is ideal for a variety of retail uses. The Delaware County location provides access to a thriving community and ample opportunities for business expansion.
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
HIST DIST · Roxbury, NYRoxbury. 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.