552 State Rte 55 Eldred, NY 12732
- Investment properties
- 976 SF
- 0.72 lot acres
Current Use by Public Records
- Shrewd Fox Brewery / Brewery
Property Details for 552 State Rte 55
- Year built
- 1968
- Lot size
- 0.72 lot acres
- Property size
- 976 SF
- Zone code
- HC
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 483400 13.-6-13.1
- APU
- 483400136131
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $195,000
- 7%
- $215,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $215,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $220,000
- Retail
- $165,000
- Mixed-Use
- $170,000
- Hospitality
- $205,000
- Educational
- $220,000
- Residential Income
- $210,000
- Energy
- $215,000
- Income-Based Land
- $165,000
- Food Service
- $230,000
Location Insight
- Map
- Local Demand
- City
- Eldred
- County
- Sullivan
- State
- New York
- Longitude
- -74.885
- Latitude
- 41.5257