Mary Collins Real Estate, Inc.
 
ULSTER-Town of NY - ID: 20182042 - ULSTER-Town of On the Market
1906 Ulster Avenue, Lake Katrine, NY 12449 ID: 20182042
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Price: $399,900

Sq. Feet: 4,400

Acreage: 0.59

Year Built: 1970

School District: KINGSTONCONSOLD



CONTACT
Mary Collins Real Estate
(845) 687-0911
Contact Us!
Property Type: Other

Description: 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. There is one space currently rented +/- 1, 000 square feet at $12.00 a month triple net, there is about 3, 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 $12.00 a square foot (triple net) the building would generate $52, 800 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.



FEATURES:
NUMBER OF UNITS: 4
WATER: 140
ZONE: Comm
LOT DIMENSIONS: .59
CONDITION: Very Good
ELECTRICITY: 200 Amps
LOT FEATURES: Landscaped, Level, Parking Lot
LOT/SITE: City, Shopping Mall, Office Park
ROAD FRONTAGE: State Road, Us Highway, Paved


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Listing courtesy of: Win Morrison Realty-K, Win Morrison Realty / Listing Agents: Sharon Dee, Gregory Berardi
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The data on this website relating to real estate comes from the (IDX) of the Multiple Listing Service of Ulster County. Real estate listings of brokerage firms other than Mary Collins Real Estate, Inc. are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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