Property profile

6425 Rte 209 Kerhonkson, NY 12446

OFF-MARKET
Investment properties
Property ID
US63-6012454
1,020 SF 0.75 ac lot Built 1930
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This meticulously updated 925 sq ft mixed-use commercial building presents a remarkable opportunity in the thriving town of Kerhonkson, NY. Situated on a 0.8-acre lot along a busy Route 209, this property boasts high visibility and ample parking, making it ideal for a diverse range of businesses. Recent renovations include a new roof, siding, mini-split heating system, well pump, septic pump, water heater, and filtration system, ensuring efficiency and low maintenance. The interior features charming vaulted ceilings with exposed wood beams, abundant natural light, and a brand-new bathroom, creating a welcoming atmosphere. A fenced 0.25-acre green space offers versatile outdoor potential, perfect for seating or events, complemented by a unique wood-fired pizza oven. Additional storage is provided by a new oversized wooden shed. Wheelchair accessibility ensures inclusivity. The property's location near the growing town of Kerhonkson provides easy access to a vibrant community. This turnkey property is ready for immediate occupancy and offers an affordable entry point for entrepreneurs seeking a prime location to establish their business. The possibilities are endless, from a cafГ© or farm stand to retail space, a dispensary, or an antique shop. This is a truly exceptional opportunity to own a well-maintained, updated commercial building in a desirable location.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1930
Total area 1,020 SF
Lot 0.75 ac (32,670 SF)
Zoning code MU
APN 515689 76.13-7-10
UPID US63-6012454

Cap rate & NOI

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

Location

6425 Rte 209 Kerhonkson, NY 12446-3033
Kerhonkson metro Census 954500 KINGSTON, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$95k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2022
Last sale
$75,000
2 recorded transactions
2022
$75,000
2006
$133,500

Zoning & alternative use

MU · Kerhonkson, 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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