105 Partition St - Storefront Retail/Residential FOR SALE


Saugerties, NY 12477
$1,295,000 USD
212-918-8584
105 Partition St, Saugerties, NY for Sale
$1,295,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | 5.48% Cap Rate

105 Partition St
Saugerties, NY 12477


OVERVIEW

Prime Saugerties location on Partition St right next to the municipal parking lot. This 5-unit, three-residential / two-commercial, building was previously town approved for a substantial addition of approximately 7800 additional soft spanning three floors and an additional 5 units. The added five units would include a large commercial space (~2600 sqft foot rent) and four residential units varying in sizes. The property currently has several parking spots on it which may be able to be increased by further taking space from the large backyard, if desired. The parking lot on this property is accessed directly from the municipal parking lot and would benefit a future commercial user or support further use by added residential units. Full alteration plans available upon request. This lot is uniquely positioned with plenty of depth to support development. The basement features additional storage space, houses a washer / dryer and the mechanicals. Saugerties is centrally located off route 87 between skiing (Hunter Mountain, Windham) and other amazing surrounding towns such as Rhinebeck, Kingston, and Hudson. Approximately 100 miles from Manhattan and easy to get to.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$395 USD /SF

CAP RATE

5.48%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

COM

APN/PARCEL ID

4801-018.263-0003-024.100-0000

ASK ABOUT THIS PROPERTY

Ryan ScullyCedar Development CompanyMore Info
212-918-8584

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Ryan ScullyCedar Development CompanyMore Info
212-918-8584

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.