2016 Ulster Avenue, Lake Katrine, NY 12449
$345,000
Sold Price
Sold on 12/19/2018
Listing ID |
10516583 |
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Property Type |
Commercial |
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County |
Ulster |
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Tax ID |
000000-039.016-0001-032.000 |
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FEMA Flood Map |
fema.gov/portal |
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Year Built |
1980 |
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Prime strip plaza located at the Gateway to Ulster Counties major shopping district. Building consists of about 4,400 square feet of open span space that can easily be divided into large open areas or smaller offices as needed. The building is currently Vacant and available For Sale or For Lease $8.00 a square foot triple net, there is about 4,400 square feet that is currently available and in the process of being marketed for rent. Solid building and great visibility, current traffic count is 13,000+ vehicles per day in the fastest growing area in the County. A new Holiday Inn Hotel was just build within a 1/4 of a mile from this site and a major car dealer is going in across the street. Fully rented at a low market rent of $8.00 a square foot (triple net) the building would generate $35,200 in net income per year. This is one of the very few times you see a building being offered for sale with a huge upside in neighboring development. Square footage is based on UCIS property records and the Listing Agent s measurements. Buyer s agents should verify.
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- 0.83 Acres
- Built in 1980
- 4 Units
- $7,551 School Tax
- $3,443 County Tax
- $10,994 Total Tax
- Sold on 12/19/2018
- Sold for $345,000
- Buyer's Agent: Ron Knowles
- Company: Century 21 Alliance-NP
Listing data is deemed reliable but is NOT guaranteed accurate.
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