555 State Rte 55 Eldred, NY 12732-5220
Property profile & analytics
555 State Rte 55 Eldred, NY 12732-5220
- Turn key restaurants
- 3,598 SF
- 0.89 lot acres
Property ID
US63-3205217
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Eldred Service Station / Auto Repair Shop
Property Details for 555 State Rte 55
- Year built
- 1973
- Lot size
- 0.89 lot acres
- Property size
- 3,598 SF
- Zone code
- HC
- Property type
- Turn key restaurants
- APN
- 483400 13.-7-5
- APU
- 4834001375
Description
This exceptional investment opportunity encompasses a 3,598 square foot multi-unit commercial building situated on a 0.89-acre lot in the vibrant hamlet of Eldred, New York. The property features three established businesses: a popular diner, a well-established mechanic's garage, and a retail space, all currently generating rental income. The diner, a local favorite for over 30 years, boasts a 50-person seating capacity, a 12-seat counter, and a fully equipped kitchen. Its consistent popularity is evident in the consistently full parking lot. Both the mechanic's garage and the retail space are also currently under lease agreements, providing a stable stream of rental revenue. Eldred is experiencing significant growth, making this property an attractive investment for both business owners and investors seeking strong returns. The property's location offers easy access to major transportation routes, being approximately two hours from New York City and 25 minutes from train service. The surrounding area provides abundant recreational opportunities, including the Delaware River for fishing and rafting, Bethel Woods Performing Arts Center, Kartrite Indoor Water Park, Resorts World Casino, and various ski resorts like Holiday Mountain and Big Bear at Masthope Mountain. Numerous hiking and biking trails, along with renowned farmers markets, contribute to the area's year-round appeal. The property is heated by oil and features above-ground fuel storage. This is a rare chance to acquire a well-established, income-producing property in a rapidly growing community with significant potential for future expansion and increased profitability.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Eldred
- County
- Sullivan
- State
- New York
- Longitude
- -74.8856
- Latitude
- 41.5262
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$0.00
$22,725
$234,450
$257,175
-
$35,508
$366,328
$401,836
