For Sale
$975,000

454 Hurley AveHurley, NY 12443

Prime 1-acre commercial lot, former gas station, Kingston border.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 40,451 square foot commercial lot, located at 454 Hurley Ave, Hurley, NY 12443, presents a unique investment opportunity. Previously a Citgo gas station and convenience store with an attached pizzeria, this almost one-acre property boasts over 200 feet of road frontage on Hurley Avenue and is zoned OM (Office & Manufacturing), offering a wide range of development possibilities. All underground tanks have been removed and the site is clean and ready for immediate development. Permitted uses include gas stations, self-storage facilities, heavy commercial businesses, banks, retail establishments, cafes, and fast-food restaurants – most by right, requiring no special use permits. The OM zoning also allows for the construction of a multi-family building or self-storage facility up to 7 stories high (up to 75 feet) and up to 20,000 square feet (up to 50% lot coverage). The property benefits from its strategic location on the Kingston border, next to a major redevelopment project at the former Coleman High School, which is expected to generate significant increased traffic. This project, recently sold for approximately $3 million, includes a large sports academy, office suites, and apartments. The asking price is $975,000 ($24.10/sq ft). Property taxes are $8,500 annually. An existing office trailer is on wheels and will be removed upon sale. The title is clear and free of liens. This is an ideal opportunity to build a new business without the expense and hassle of demolition and renovation. The property is for sale only

Highlights

  • High-demand location directly adjacent to Coleman High School.
  • Significant upcoming development: Konnectia's multi-million dollar project includes a large sports academy, 55 office suites, and 65 apartments.
  • Adjacent property recently sold for approximately $3 million; this lot offers a significantly more cost-effective acquisition under $1 million, requiring no demolition or renovation.

Property Details for 454 Hurley Ave

Property type
Retail properties, Office properties
Square Feet
40,451 SF

Location Insight

City
Hurley
County
Ulster
State
New York
Latitude
41.9338286
Longitude
-74.0459166
454 Hurley Ave, Hurley, New York

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454 Hurley Ave
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