141 Ulster Ave - Storefront Retail/Residential FOR SALE


Saugerties, NY 12477
$1,499,000 USD
845-399-0770
141 Ulster Ave, Saugerties, NY for Sale
$1,499,000 USD
Storefront Retail/Residential - FOR SALE
1/81
null | 6% Cap Rate

141 Ulster Ave
Saugerties, NY 12477


OVERVIEW

Here is a rare chance to own a fully occupied, mixed-use commercial property in one of the Village of Saugerties' most desirable and convenient locations. Available for the first time in over 25 years, this well-maintained 6-unit building offers the perfect combination of stable income, long-term upside, and an unbeatable location. Only 3 minutes from both busy Main street and the NYS Thruway. The property features three commercial storefronts on the first floor, currently occupied by established local businesses along with three oversized one-bedroom, one-bath residential apartments on the second floor. All units are separately metered for gas and electricity and include plenty of off street parking in a private lot. An increasingly valuable amenity in the Village. All tenants are currently on month-to-month leases, providing flexibility for future ownership. The residential apartments are exceptionally spacious, filled with natural light, and feature beautiful original hardwood floors throughout--offering timeless character and durability. Whether you're looking to establish yourself in the thriving Saugerties market, expand your investment portfolio, or acquire a versatile mixed-use asset with strong upside, 141 Ulster Avenue checks every box. Opportunities to own a property offering this combination of location, stability, and future income potential are exceptionally rare.

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1895

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

05 - COMME

APN/PARCEL ID

4801-018.053-0001-023.000-0000

ASK ABOUT THIS PROPERTY

John MurphyHoward Hanna | Rand RealtyMore Info
845-399-0770

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John MurphyHoward Hanna | Rand RealtyMore Info
845-399-0770

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