Property profile

552 State Rte 55 Eldred, NY 12732

OFF-MARKET
Investment properties
Property ID
US63-2090903
976 SF 0.72 ac lot Built 1968
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property at 552 State Route 55, Eldred, NY, presents a unique investment opportunity. The 976 square foot building sits on a 0.72-acre lot and is ideally located in the heart of Eldred, a thriving town in the Sullivan Catskills. Currently operating as a successful brewery, this well-constructed brick building boasts high visibility and ample parking, making it an attractive option for a variety of businesses. Its previous use as a deli suggests its suitability for food-related ventures, such as a bagel shop, coffee shop, or specialty food store. The property's versatility allows for diverse business concepts, capitalizing on the area's growing popularity. The location benefits from a strong community of second homeowners and proximity to numerous attractions, including the Delaware River, Bethel Woods Performing Arts Center, Kartrite Indoor Water Park, Resorts World Casino, and various ski resorts and hiking trails. The convenient location, approximately two hours from New York City and twenty minutes from train service, ensures accessibility for both locals and tourists. This turnkey operation offers a chance to establish a thriving business in a vibrant and rapidly developing area. The asking price is $325,000. Don't miss this chance to own a piece of the Catskills' success story.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1968
Total area 976 SF
Lot 0.72 ac (31,363 SF)
Zoning code HC
APN 483400 13.-6-13.1
UPID US63-2090903

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Production Facility Brewery & Distillery

Location

552 State Rte 55 Eldred, NY 12732
Eldred metro Census 952400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$230k

Owner & transaction history

since 2015
3 recorded transactions
2016
Price N/A
2015
$129,900
1969
Price N/A

Zoning & alternative use

HC · Eldred, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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