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1620 Columbia Tpke 6,000 SF Retail Building Castleton On Hudson, NY 12033 $421,663 CAD ($70.28 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Fantastic Investment Opportunity.
- Great potential for being a bar/restaurant again, with fully equipped kitchen. Bed and Breakfast.
- This mixed use property has 3 apartments above the former Belvedere restaurant.
EXECUTIVE SUMMARY
GREAT INVESTMENT OPPORTUNITY! This mixed use property has 3 apartments above the former Belvedere restaurant. In addition, a 2 bedroom cottage nicely situated --- back of property. Current owner renovated all apartments with separate utility meters; installed hardwood floors; wall to wall carpet. In addition, all new appliances and freshly painted. Great potential for being a bar/restaurant again, with fully equipped kitchen. Bed and Breakfast.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,000 SF
Building Class
C
Year Built
1829
Price
$421,663 CAD
Price Per SF
$70.28 CAD
Cap Rate
7%
NOI
$29,516 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.13
Lot Size
1.03 AC
Zoning
HC - Highway Commercial
Parking
40 Spaces (9.71 Spaces per 1,000 SF Leased)
Frontage
208’ on Columbia Tpke
PROPERTY TAXES
| Parcel Number | 4489-178-11-21 | Improvements Assessment | $131,422 CAD |
| Land Assessment | $142,139 CAD | Total Assessment | $273,561 CAD |
PROPERTY TAXES
Parcel Number
4489-178-11-21
Land Assessment
$142,139 CAD
Improvements Assessment
$131,422 CAD
Total Assessment
$273,561 CAD
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1620 Columbia Tpke
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