$575,000

Pending

Est. Mortgage $2,721/mo *

Quick Pre-Approval

185 Smith Avenue, Kingston, NY, 12401

185 Smith Avenue, Kingston, NY, 12401

1950

This is one of the last mixed-use neighborhood grocery stores left in Kingston. The attached 2 family home has a 2 bedroom apartment on the ground floor and 1 bedroom apt on the second floor with a large unfinished attic and full basement, both under store and house. The market is approximately 2300 square feet making it one of the largest neighborhood markets in the City of Kingston. To sum it up in one word, this property screams potential. The market could easily be subdivided into two separate store fronts, subject to planning board and building department approval, offering potential for four revenue streams. The property could not be better located. It is literally across the street from a 40 unit senior housing complex, and just 1 block from 63 artist studios at the Shirt Factory, and only 2 blocks from a new 113 unit housing development on Cornell Street. Currently the market does almost 1 million dollars in lottery ticket sales annually, which represents roughly 60k in revenue as per the sellers. CALLING FOR HIGHEST AND BEST ON FRIDAY DEC 19TH AT 3:00 PM


Status:

Pending

Type:

Commercial

Zoning:

T4N

Heating:

Hot Water, Oil, Radiant

Cooling:

Wall Unit(s)

Lot Size:

50'X100'

Acreage:

0.11

Est. Taxes:

$15,711

Assessment

$270,000

Construction

Block, Clapboard, Wood Siding

Utilities

Cable Connected, Electricity Connected, Water Connected

Lot Description:

City Lot, Corner Lot

Appliances:

Free-Standing Freezer, Free-Standing Gas Oven, Freezer, Refrigerator, Washer/Dryer

Owner Pays:

Electricity

MLS #:

20256012


Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Halter Associates Realty