41154125 State Route 28, Home with 0 bedrooms, 0 bathrooms and null parking in Boiceville NY | Image 1

$785,000

41154125 State Route 28, Boiceville, NY

Name: 41154125 State Route 28, For Sale in Boiceville - eXp Commercial Brokerage
Brand: Berardi Realty
SKU: 20242343
Price: 785000 CAD

Real Estate

For Sale

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Key Facts
Description
Map

Key Facts

Type Other

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes $14,276

Days Active 445

Approx. Age 1970

MLS® Number 20242343

Property Address:

Average square foot calculated using Size range provided by listing agent.

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, 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.Show Description

MLS® Number20242343

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

ExteriorStorage

GarageNo

Approx. Age1970

Stories

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatForced Air, Propane

A/CCentral Air

Heating Fuel

Extras

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