Property summary
This exceptional 3,125 square foot free-standing retail building, situated on a 2.75-acre lot, presents a unique investment opportunity. Built in 1997, the two-story structure boasts ample parking for over 300 vehicles, a significant advantage given its location on Route 103/Route 11, a high-traffic corridor with over 10,000 vehicles passing daily. The building's versatile layout includes office/showroom space, a conference room, kitchen, and two bathrooms in the front, complemented by a rear vehicle repair shop featuring two drive-in doors, nine-ton lifts, and a 15-foot ceiling. The second floor offers valuable storage space. The property's zoning is COMM, and its APN is 000235021000000000, located in Sullivan County. This property is ideal for a variety of uses, including auto dealerships, delivery fleet parking, RV sales, and more. The paved lot ensures convenient access and ample space for customers and employees. The high visibility and substantial traffic volume make this a prime location for businesses seeking significant exposure and accessibility. This single-tenant building offers a rare combination of space, location, and functionality.
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
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RC5 R · Newport, NHZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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