501-507 Route 52 - Freestanding FOR SALE


Carmel, NY 10512
$775,000 USD
845-225-2020
501-507 Route 52, Carmel, NY for Sale
$775,000 USD
Freestanding - FOR SALE
1/14
null | Request Cap Rate

501-507 Route 52
Carmel, NY 10512


OVERVIEW

Prime Commercial Property for Sale – 501-507 Route 52, Carmel, NY Versatile Retail Spaces with Residential Income in a Growing Corridor Presenting an exceptional investment opportunity at 501-507 Route 52 in Carmel, NY: a portfolio of three retail buildings, one of which includes an apartment above, offering both commercial and residential income streams. Strategically located along the up-and-coming Route 52 corridor, this property benefits from excellent road exposure and is poised to capitalize on the area's ongoing development projects, including initiatives as close as across the street. Property Highlights ? Three Retail Buildings – Diverse commercial spaces catering to various business types ? Mixed-Use Potential – One building features an upper-level apartment for additional rental income ? High Visibility Location – Situated on Route 52 with substantial daily traffic counts, enhancing business exposure ? Proximity to Major Routes – Easy access to I-84 and nearby town centers, facilitating customer and tenant convenience ? Emerging Development Area – Located in a corridor experiencing significant growth, increasing property value potential ? Public Sewer Ideal for Various Investment Strategies: ? Owner-Users – Establish your business in a high-visibility location while benefiting from additional rental income ? Investors – Secure a property with multiple income streams in a growing market ? Developers – Explore redevelopment opportunities in a prime location within an expanding commercial corridor Why Invest Here? ? Growing Traffic and Exposure – Route 52 is experiencing increased traffic due to ongoing and upcoming projects, boosting visibility for businesses ? Strategic Location – Close to major highways and town centers, ensuring steady customer flow and tenant appeal ? Versatile Income Potential – Combination of retail spaces and residential units offers diversified revenue streams ? Future Growth Prospects – Situated in a developing area with planned infrastructure improvements, promising long-term appreciation Seize this unique opportunity to invest in a versatile commercial property within a thriving corridor. Contact us today to learn more and schedule a viewing!

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

3 Building Retail/Warehouse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C

APN/PARCEL ID

372200-033-048-0001-002-000-0000

ASK ABOUT THIS PROPERTY

Angela BrianteBriante Realty Group LLCMore Info
845-225-2020

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Angela BrianteBriante Realty Group LLCMore Info
845-225-2020

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