72 Center St Ellenville, NY 12428
- Investment properties
- 2,178 SF
- 0.11 lot acres
Current Use by Public Records
- Sook House Restaurant / Korean Restaurant
Property Details for 72 Center St
- Year built
- 1965
- Lot size
- 0.11 lot acres
- Property size
- 2,178 SF
- Zone code
- B-1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 515601 83.311-4-21
- APU
- 51560183311421
Description
This exceptional retail property, located at 72 Center Street in the vibrant town of Ellenville, New York, presents a unique investment opportunity. Boasting a generous 3,606 square feet of space, this property is ideally suited for a variety of retail businesses seeking a prominent presence in a bustling commercial area. The building sits on a conveniently sized 0.11-acre lot, offering ample space for customer parking and potential outdoor display areas. The strategic location on Center Street ensures high visibility and accessibility for customers, maximizing foot traffic and potential sales. The asking price of $799,000 reflects the property's prime location and significant potential for return on investment. This is an exceptional opportunity to acquire a well-situated retail space in a thriving community. The property's size and location make it suitable for a wide range of retail concepts, from boutiques and specialty stores to larger-scale operations. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for immediate occupancy, allowing for a swift and efficient transition for new business owners. Don't miss this chance to establish your business in a highly visible and desirable location. The strong local economy and high foot traffic make this a truly compelling investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $245,000
- 6.5%
- $215,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $210,000
- Geo Method
- $190,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $240,000
- Mixed-Use
- $245,000
- Hospitality
- $255,000
- Educational
- $250,000
- Residential Income
- $225,000
- Energy
- $220,000
- Income-Based Land
- $235,000
- Food Service
- $260,000
Location Insight
- Map
- Local Demand
- City
- Ellenville
- County
- Ulster
- State
- New York
- Longitude
- -74.3948
- Latitude
- 41.7166
- CBSA code
- 28740
- CBSA name
- KINGSTON, NY METROPOLITAN STATISTICAL AREA