For Sale
$695,000

53484 State Highway 30 Roxbury, NY 12474

Prime Retail Space, High Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 706-square-foot commercial property, located at 53484 State Hwy 30 in Roxbury, New York (zip code 12474), presents a unique investment opportunity. The property is zoned for retail use and includes a storefront, office space, full kitchen, and half bath. Previously used as a wine and liquor store, its prime location near ski mountains, wedding venues, and restaurants ensures high visibility and foot traffic, attracting both locals and tourists. Roxbury's vibrant atmosphere is further enhanced by its recent award of a $10 million Downtown Revitalization Grant, promising significant future growth. While the property generated $7,687 in gross rental income from a short-term Airbnb rental in 2019, its potential rental income is estimated between $850 and $1,100 per month. The asking price is $695,000. Potential improvements include insulating exterior walls and ceilings, upgrading the electrical service panel to 200 amps, and repainting the exterior. This property offers a blend of immediate income potential and long-term growth prospects in a desirable location. The property sits on land and is ideal for a variety of retail uses. The Delaware County location provides access to a thriving community and ample opportunities for business expansion.

Highlights

  • 706 sq ft retail space with storefront, office, full kitchen, and half bath.
  • 2019 Airbnb rental generated $7,687 gross income (summer only).
  • Potential monthly rental income: $850 - $1,100.
  • Exterior wall and ceiling insulation needed.
  • Electrical service panel upgrade to 200 amps required.
  • Exterior repainting recommended.

Property Details for 53484 State Highway 30

Property type
Retail properties, Land
Square Feet
706 SF

Location Insight

City
Roxbury
County
Delaware
State
New York
Latitude
42.2836901
Longitude
-74.5647961

FAQs

What type of property is this?
Retail property - Prime Retail Space, High Growth Area
Where is the retail property located?
The property is located at 53484 State Highway 30 Roxbury, NY.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 706 sq ft retail space with storefront, office, full kitchen, and half bath.; 2019 Airbnb rental generated $7,687 gross income (summer only).; Potential monthly rental income: $850 - $1,100.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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53484 State Highway 30
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