3020 Main StValatie, NY 12184

Property Details for 3020 Main St

Year built

1890

Lot size

0.06 AC

Property size (Sq ft)

1,200 SF

Zone code

05 - COMMERCIAL

Property type

Investment properties

Property subtype

Live-work space

APN

104403 44.6-1-58

APU

104403446158

Description

This exceptional mixed-use property, situated at 3020 Main Street, Unit 3020 in the vibrant town of Valatie, New York, presents a compelling investment opportunity. The property encompasses a sizable 0.06-acre lot, offering significant potential for various commercial ventures. Its strategic location on Main Street ensures high visibility and accessibility, making it an ideal site for businesses seeking a prominent presence in the community. The building's mixed-use designation allows for flexibility in its utilization, catering to a diverse range of commercial and potentially residential applications. The asking price of $125,000 represents a competitive entry point into the Valatie commercial real estate market. Given the property's prime location and versatile zoning, this presents a rare chance to acquire a valuable asset with substantial upside potential. Further due diligence is encouraged to fully explore the possibilities this property offers. The property's size and location make it suitable for a variety of uses, subject to local zoning regulations. Interested parties are advised to conduct their own independent investigation into the property's suitability for their intended purpose. This is a unique opportunity to own a piece of Valatie's thriving commercial landscape. The property's potential for growth and return on investment makes it an attractive proposition for discerning investors.

• CAP approach

  CAP return

  Valuation

  6%

  $298,099

  6.5%

  $275,168

  7%

  $255,513

• Comparable approach

  Method

  Valuation

  Relative Method

  $157,846

  Geo Method

  $156,792

• Alternative Use

  Use

  Valuation

  Residential

  $341,208

  Hospitality

  $312,545

  Educational

  $260,034

  Medical

  $268,977

  Retail

  $404,497

Location Insight

City

Valatie

County

Columbia

State

New York

Latitude

42.4132

Longitude

-73.6772

CBSA code

26460

CBSA name

HUDSON, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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