Property summary
This exceptional mixed-use property, located at 8 Route 32A in Saugerties, NY, presents a unique investment opportunity in the heart of the Catskills. The 1.22-acre parcel includes an adjacent property at 10 George Saile Rd, and both must be purchased together for a total price of $500,000. This strategic location at the intersection of two major roads ensures high year-round traffic volume, driven by the area's significant population growth and proximity to popular destinations such as Hunter and Windham mountains, various festivals, skiing resorts, golf courses, and numerous second homes. The property's versatility allows for a wide range of commercial uses, including retail, chain stores, gas stations, convenience stores, liquor stores, hardware stores, bars, restaurants, self-storage facilities, breweries, farm stands, and pharmacies. The substantial traffic flow and diverse potential uses make this a compelling investment prospect with significant upside potential. The combined properties offer a substantial footprint for development or expansion, catering to the thriving tourism and residential sectors of the Catskills region. This is a rare opportunity to acquire a significant commercial holding in a rapidly growing market.
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
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Value estimation
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Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Saugerties, NYZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 05 - COMMERCIAL in Saugerties, NY.
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