2968 Rte 28 Highway, Shokan

$575,000

0 Beds
0 Baths
0 Sqft
1 Acres
2 Garages

Wonderful multi-use property on highly traveled State Route 28 in Shokan with 50,000 cars passing daily. Fully occupied 5 residential apartment units in two buildings as well as an awning business, "Sun Shelters", that has been in this same location for 72 years with over 300 customers. Both buildings are well set back off of the highway yielding a good quality of life for the tenants. The new Ashokan rail trail and the reservoir are within walking distance of the property. Woodstock and Phoenicia with all their recreation, culture, restaurants are 10 minutes away, while Kingston is 15 minutes. The nearby reservoir and Esopus creek yield excellent fishing for the anglers. With vast state land in the area, hiking, biking, skiing and hunting are enjoyed by many. This property has been nearly fully occupied for the last 50 years. This property has a great cap rate even with including the cost of the business. The buildings are in good shape with many updates over the past 15 years. This is a true business opportunity with great exposure on State Rte 28. A new sewer line has been approved for the Rte 28 corridor. The property is perfect for a plumber, electrician or any other tradesman if the Awning business isn't continued. There is a shop on the rear building. There are other garages and sheds for storage of materials. Please have your buyers view the videos of the apartments before showings the links to the videos of the apartments are in agent remarks.

Essential Information
MLS® #20193426
Price$575,000
Acres1.00
Year Built1908
TypeMulti-Family
Sub-TypeMulti-Unit
StyleAPT. COMPLEX, BARN
StatusACTIVE
Community Information
Address2968 Rte 28 Highway
AreaOLIVE
CityShokan
CountyUlster County
StateNY
Zip Code12481
Amenities
# of Garages2
GaragesGarage Detached
ViewMOUNTAIN
Parking

LOT, OFF STREET, DRIVEWAY-SHARED, 3 CAR +

Interior
HeatingFORCED AIR
CoolingWALL UNIT
FireplacesNONE
Interior Features

SMOKE DETECTOR, CARBON MONIXIDE DETECTOR, CABLE READY

Appliances

EXHAUST FAN, REFRIGERATOR, RANGE HOOD

Exterior
RoofASPH SHINGLE
ConstructionFRAME/STICK
Lot Description

SLOPE-GENTLY, ADDITIONAL LAND AVAILABLE

School Information
DistrictONTEORA CENTRAL
ElementaryBENNETT
Additional Information
Zoningbus
Listing Details
AgentWilliam St John
OfficeHalter Associates Realty
LISTING MAP

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