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56 Emerson St 3,403 SF Vacant Retail Building Kingston, NY 12401 $1,320,401 CAD ($388.01 CAD/SF) 10% Cap Rate
INVESTMENT HIGHLIGHTS
- Located in desirable Uptown Kingston neighborhood
- Only commercial property in dense residential neighborhood, with grandfathered zoning
- Winner of 2025 Chronogram award for Best Deli in Hudson Valley
- Loyal local customer base
- Numerous improvements and updates over past 7 years
EXECUTIVE SUMMARY
Terri’s Deli & Market· Est. 1971 · Chronogrammy 2025 1st place winner for best deli in the Hudson Valley
Located in one of Uptown Kingston’s most desirable, densely populated residential neighborhoods, Terri’s holds the exclusive distinction of being the only commercial property in the area, with grandfathered zoning that protects its long-term commercial viability.
What’s Included:
*The Business — Fully operational, profitable, and locally beloved
*The Building — Prime property with strong visibility and walkability
*All fixtures, equipment & inventory — upgraded and meticulously maintained
*An established brand & loyal customer base — generations deep
Over the past seven years, the current owners have invested significantly in:
*Infrastructure and kitchen upgrades
*Streamlined operations for efficiency
*Expanding services to include catering and delivery
Why Terri’s:
*High-performing year-round business
*Award-winning reputation and community legacy
*Turnkey operation with growth potential
*Irreplaceable location with protected zoning
Financials available upon request.
Located in one of Uptown Kingston’s most desirable, densely populated residential neighborhoods, Terri’s holds the exclusive distinction of being the only commercial property in the area, with grandfathered zoning that protects its long-term commercial viability.
What’s Included:
*The Business — Fully operational, profitable, and locally beloved
*The Building — Prime property with strong visibility and walkability
*All fixtures, equipment & inventory — upgraded and meticulously maintained
*An established brand & loyal customer base — generations deep
Over the past seven years, the current owners have invested significantly in:
*Infrastructure and kitchen upgrades
*Streamlined operations for efficiency
*Expanding services to include catering and delivery
Why Terri’s:
*High-performing year-round business
*Award-winning reputation and community legacy
*Turnkey operation with growth potential
*Irreplaceable location with protected zoning
Financials available upon request.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,403 SF
Building Class
C
Year Built/Renovated
1940/2024
Price
$1,320,401 CAD
Price Per SF
$388.01 CAD
Cap Rate
10%
NOI
$132,040 CAD
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.87
Lot Size
0.09 AC
Zoning
T4-N - Medium-density residential and small-scale mixed use.
Parking
5 Spaces (1.47 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Security System
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0800-056.090-0006-033.000-0000 | Improvements Assessment | $310,222 CAD |
| Land Assessment | $109,988 CAD | Total Assessment | $420,210 CAD |
PROPERTY TAXES
Parcel Number
0800-056.090-0006-033.000-0000
Land Assessment
$109,988 CAD
Improvements Assessment
$310,222 CAD
Total Assessment
$420,210 CAD
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56 Emerson St
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