4115-4125 Highway 28
$785,000
—
42,000
42,000
$19
Description
This strip plaza is located on State Route 28, with a daily traffic count of 7,000 vehicles. It is situated at the gateway to the Catskills and offers over 42,000 square feet of commercial space. The plaza consists of a large commercial building and 4 attached stores/service shops. It is conveniently located next to the area's largest grocery/shopping center and across the street from the local high school. The high-traffic location ensures year-round business from surrounding homeowners, skiers,...This strip plaza is located on State Route 28, with a daily traffic count of 7,000 vehicles. It is situated at the gateway to the Catskills and offers over 42,000 square feet of commercial space. The plaza consists of a large commercial building and 4 attached stores/service shops. It is conveniently located next to the area's largest grocery/shopping center and across the street from the local high school. The high-traffic location ensures year-round business from surrounding homeowners, skiers, tourists, and local development. The property is in very good condition and has municipal sewer access. The large commercial space, previously used as a lumber yard and salvage retail store, offers over 35,000 square feet of office, retail, and warehouse space with excellent visibility from State Route 28. The building has updated systems, including the roof, heating, and cooling units. The tenant base is solid, with a Post Office, Restaurant, Woodstock Antiques, and Café /Catering already occupying the space. The vacant large commercial storefront with warehouse space is available for lease at 4,500 per month. For potential buyers, it's important to note that the sale of the building comes with a non-compete restriction for the grocery business next door for 10 years. At the asking price with the vacant large commercial space, the Cap rate is approximately 6. Please refer to the associated documents for more information on income and expenses related to the property. The owner has a 17,000 estimate to replace the windows in the front that are boarded up. The reason they have not been replaced is because we do not know if a buyer would like to reconfigure the front of the building.
- Listed by Louis Naccarato • Berardi RealtyP: (845)-633-0733 C: (845)-633-0733 louisnacc09@gmail.com
Amenities
- Air Conditioning
- Central AC
- Forced Air
LISTING UPDATED: 10/24/2024 03:18 PM
Property Details for 4115-4125 Highway 28
Status | Active |
---|---|
MLS # | 20242343 |
Days on Market | 193 |
Taxes | $14,276 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Other |
MLS Type | Commercial Sale / Other |
Year Built | 1970 |
Lot Size | 1.98 AC / 86,248 SF |
County | Ulster County |
Building Information for 4115-4125 Highway 28
Stories-Residences7Year Built1970Lot Size1.98 AC / 86,248 SF
Property Information for 4115-4125 Highway 28
Property History for 4115-4125 Highway 28
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4115-4125 Highway 28
Taxable ValueLand$70,000Additions$880,000Total$950,000
Home Facts
Total Finished SqFt36,720 SqFtAbove Grade Finished SqFt36,720 SqFtStories2Lot Size86,249 SqFtStyleShopping CenterYear Built1970Zoning02 - SINGLE RCountyULSTERAPN514000 36.11-1-11
Schools near 4115-4125 Highway 28
This home is within Onteora Central School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 3 | |||
Public - | K to 3 | |||
Public - | 4 to 6 | |||
Public - | 7 to 8 |
Rating | School | Distance |
---|---|---|
Phoenicia Elementary School PublicK to 3 | ||
Woodstock Elementary School PublicK to 3 | ||
Reginald Bennett Elementary School Public4 to 6 | ||
Onteora Middle School Public7 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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