963 Kings Hwy Saugerties, NY 12477
This exceptional Saugerties property presents a unique investment opportunity encompassing a 7,372 square foot warehouse complex situated on a generous 3.45-acre lot. The property, located at 963 Kings Highway in Ulster County, NY, 12477, is zoned for commercial use and offers significant potential for various ventures. The complex comprises three distinct buildings. The first, a 2,000 square foot structure renovated in 2001, boasts a high-end professional kitchen, complete with pizza ovens, ideal for food service operations. The second building, constructed in 2015 and spanning 2,448 square feet, features an attractive bar and dining area, perfectly suited for restaurant or banquet use. Finally, a third building provides a 3-bedroom, 1-bathroom apartment currently generating below-market rental income at $1,125 per month. This versatile property, situated on a busy roadway, presents endless possibilities for entrepreneurs in the food and beverage industry or other commercial uses. The 1962 construction offers a solid foundation for future development or immediate occupancy. This is a must-see for investors seeking a high-return property with significant upside potential. The asking price is $949,900.
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The Stone Pony Catering Co. Take-out & Catering Catering Service
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LibertyX Bitcoin ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
06 - INDUSTRIAL · Saugerties, NYCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.