Saugerties-town NY - ID: 20222642
On the Market
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  • Price: $1,975,000
  • Sq. Feet: 5,916
  • Acreage: 0.85
  • Year Built: 2013
  • School District: SAUGERTIESCENTR
  • CONTACT
    Vetere Real Estate
    (845) 338-0571
    kvetere@vetererealestate.com
Property Type: Retail

Description: 338 Route 212 in Saugerties NY presents a prospective purchaser with a prime investment opportunity. The building is comprised of three units all fully occupied with options to renew. The building is a total of 5, 916 square feet and was constructed in 2013. Featuring excellent visibility situated on route 212 just east of the I-87 Thruway exit, with a combined average daily traffic count of more than 11, 000 vehicles per day (recorded 2018). This accessibility allows the property to reach the strong surrounding demographics, including Woodstock, which is one of the most sought-after areas here in the Hudson Valley. The lot is a total of 0.85 of an acre with +/- 30 parking spaces including reserved handicapped spots. Verizon and Access Physical Health are both NNN leases, Buns is on a gross lease. Please see the Income and Expense sheet attached to the listing.
Verizon - NNN - Owner provides trash removal - 1st option to renew 1/1/2023 Access - NNN - 1st option to renew 1/1/2023 Buns - Gross Lease - Responsible for all utilities - 1st option to renew 9/1/2023 Access pays $2.30 per sqft towards maintenance and $4.17 per sqft towards taxes Verizon pays $2.31 per sqft towards maintenance and $4.17 per sqft towards taxes


FEATURES:
NUMBER OF UNITS: 3
ELEMENTARY SCHOOL: Cahill K-6
ZONE: Gb
LOT DIMENSIONS: .85
ELECTRICITY: 200 Amps, Single Phase, Three Phase
LOT FEATURES: Level, Landscaped, Parking Lot
LOT/SITE: Hamlet/Village
ROAD FRONTAGE: Interchange, Paved, State Road

Listing courtesy of: Berardi Realty, Berardi Realty / Listing Agents: Gabrielle Edwards, Gregory Berardi
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