1293 Main StFleischmanns, NY 12430

  • Gas stations
  • 2,122 SF
For Sale
$1,600,000 View listing

Property Details for 1293 Main St

Year built
1960
Lot size
0.25 AC
Property size (Sq ft)
2,122 SF
Zone code
GV
Property type
Gas stations
APN
124601 287.18-1-13
APU
12460128718113

Description

This exceptional commercial property, located at 1293 Main St in Fleischmanns, NY, presents a rare investment opportunity. The 2,122 square foot building sits on a 0.25-acre lot and enjoys prime visibility, being within sight of the Belleayre Ski Resort and conveniently close to major roadways. This well-established business currently operates as a service station, convenience store, restaurant, and ticket sales outlet. Years of careful development and modernization have resulted in a turnkey operation ready for a new owner. Recent upgrades include the installation of newer fuel tanks, updated refrigeration systems, improved lighting, upgraded heating and electrical systems, and new signage. These improvements significantly enhance operational efficiency and curb appeal. The property's heating system utilizes oil. The above-ground fuel tanks are a key asset, simplifying maintenance and operations. This established business offers a strong foundation for continued success and significant return on investment. The combination of its diverse revenue streams, strategic location, and recent upgrades makes this a truly unique opportunity in the thriving Fleischmanns market. The asking price is $1,600,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $774,892
    6.5%
    $715,285
    7%
    $664,194
  • Comparable approach

    Method
    Valuation
    Relative Method
    $703,393
    Geo Method
    $698,696
  • Alternative Use

    Use
    Valuation
    Residential
    $603,370
    Hospitality
    $552,684
    Educational
    $459,826
    Medical
    $475,640
    Retail
    $715,285

Location Insight

City
Fleischmanns
County
Delaware
State
New York
Latitude
42.1545
Longitude
-74.5247

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$9,723
$17,000
$243,700
$260,700
-
$24,493
$351,107
$375,600

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