Ny-28 41154125 Boiceville, NY 12412

This exceptional investment opportunity presents a 36,720 square foot retail plaza ideally situated on State Route 28 in Boiceville, NY, a gateway to the Catskills. Boasting a daily traffic count of 7,000 vehicles, this property enjoys high visibility and year-round business from a diverse customer base including residents, tourists, and skiers. The plaza comprises a large commercial building (previously a lumber yard and salvage retail store) offering over 35,000 square feet of versatile space suitable for office, retail, or warehouse use, plus four attached smaller stores/service shops. Currently occupied by a Post Office, restaurant, antique shop, and café/catering business, the tenant base is strong and provides a stable income stream. A large vacant commercial storefront with warehouse space is available for lease at $4,500 per month. The property features updated roofing, heating, and cooling systems, and benefits from municipal sewer access. The 1.98-acre lot is located next to a major grocery/shopping center and across from the local high school, ensuring consistent foot traffic. The sale includes a 10-year non-compete agreement for a neighboring grocery business. The property is in good condition, although approximately $17,000 is estimated for window replacement on the boarded-up storefront façade (this estimate is contingent on a buyer's potential building reconfiguration). The current cap rate is approximately 6% at the asking price. Detailed financial information, including income and expense statements, is available upon request.