Property summary
This versatile 13,026 square foot commercial property, situated on a 1.1-acre lot at 7 Pearl St in Phelps, NY, presents a unique investment opportunity. Previously utilized as a bottle recycling center, retail lumber yard, and religious facility, the property boasts a rich history and adaptable layout. The building is primarily one-story, featuring a second-floor office loft above a kitchen and restroom area. A small partial basement houses the hot water heater. The front of the structure retains headers for potential overhead doors, ideal for loading and delivery. The property benefits from three-phase electric, LED lighting, and three furnaces (two above ceiling, one requiring repair) serving different building sections. Two sections also have air conditioning. A new water supply line connects to the street, and high-speed internet is available. The substantial rear lot offers ample space for storage or expansion. Public water, sewer, and gas services are connected. The 150x135' corner lot offers potential for subdivision into a residential building lot, subject to town approvals, or could remain with the commercial property for additional parking. The property's location adjacent to the railroad provides convenient access. Please note that many photos in the listing are from a 2013 sale and the property is sold "as is," requiring some repair work. Handicap accessibility is a feature. This property is ideal for a variety of commercial uses and presents significant upside potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
06 - INDUSTRIAL · Phelps, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.