83 Main StPhilmont, NY 12565

Property Details for 83 Main St

Year built

1984

Lot size

0.34 AC

Property size (Sq ft)

2,112 SF

Zone code

07 - MIXED

Property type

Office buildings

APN

102801 113.13-1-17.3

APU

102801113131173

Description

This exceptional 2,112 square foot commercial property, located at 83 Main Street in the vibrant Village of Philmont, NY, presents a remarkable opportunity for a diverse range of businesses. Boasting a highly visible Main Street location, this building offers a spacious and adaptable floor plan perfect for a variety of uses. The main area features a dramatic cathedral ceiling, ideal for a storefront, reception area, or open office concept. Beyond this impressive space, the property includes four private offices, providing ample room for individual work or team collaboration. A dedicated conference room facilitates meetings and presentations, while a convenient kitchenette caters to staff needs. Two half-baths add to the functionality of the space. The property also includes off-street parking for 10-12 vehicles, ensuring convenient access for employees and clients. Situated on a 0.34-acre lot, this property offers significant potential for a variety of commercial ventures, including professional offices, retail spaces, or medical practices. The building's versatile layout and prime location make it an attractive investment opportunity in a thriving community. The asking price is $425,000.

• CAP approach

  CAP return

  Valuation

  6%

  $524,654

  6.5%

  $484,296

  7%

  $449,703

• Comparable approach

  Method

  Valuation

  Relative Method

  $277,809

  Geo Method

  $275,954

• Alternative Use

  Use

  Valuation

  Residential

  $600,526

  Hospitality

  $550,079

  Educational

  $457,659

  Medical

  $473,399

  Retail

  $711,914

Location Insight

City

Philmont

County

Columbia

State

New York

Latitude

42.2482

Longitude

-73.6513

CBSA code

26460

CBSA name

HUDSON, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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