55 Corbettsville Rd Conklin, NY 13748-1751
This exceptional property, located at 55 Corbettsville Road in Conklin, NY, presents a remarkable investment opportunity. Situated just minutes from I-81 and north of Conklin, this iconic building, known as the historic Kiwis building, boasts a rich history and immense potential. Previously a successful family-owned bar and restaurant, the two-story structure offers a versatile layout ready for a new owner's vision. The main floor provides ample space for a variety of commercial uses, while the second floor includes a spacious two-bedroom apartment. This apartment offers the potential for owner occupancy or generates supplemental rental income. The property features extensive outdoor space, including ample parking, expansive decks, and a generous yard, ideal for outdoor seating, events, or further development. Its prime location and unique character make this a rare find in the Conklin area. The property's vintage charm and inviting atmosphere create a strong foundation for a thriving business or a unique residential-commercial blend. Don't miss this chance to acquire a piece of Conklin history and unlock its considerable potential. The asking price is $99,900.
Cap rate
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.