Kingston Ave Automotive, Port Jervis, NY

73 Kingston Ave Port Jervis, NY 12771

Port Jervis
FOR SALE
Property Type:
Big Box Retail
Amount:
$999,000
Last Verified:
Sep 23, 2024

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Highlights

  • - Prime retail location with ample parking
  • - High traffic corner lot, maximizing visibility and accessibility
  • - Showroom plus 5 service bays for versatile business operations
  • - 100% occupied, ensuring immediate income generation
  • - Potential for greater upside and future growth
  • - Ideal for both investors and owner-users seeking a lucrative opportunity
  • - Potential for owner financing

Description

Introducing an exceptional opportunity for retail/vehicle-related investors. This impressive property (comprised of 4 adjoining parcels) located at 73 Kingston Ave, Port Jervis, NY, offers a 4,000 SF building with vehicle showroom, 5 service bays and large parking lot. Currently, there are two tenants occupying the building spaces and a third tenant leasing parking lot space. Built in 1980, the property is well-maintained and conveniently zoned SC, providing an ideal environment for a range of retail or vehicle-related businesses. With 100% occupancy, this investment presents immediate income-generating potential. Embrace this prime location in the thriving Port Jervis area, and leverage the steady demand for retail and vehicle-related services in this dynamic market. This offering includes 73 Kingston Ave, 75 Kingston Ave, 77 Kingston Ave and 15 Hamilton St all adjoined totaling 1.95 acres. Seize this extraordinary chance to expand your portfolio and secure a valuable asset with promising returns.

Discover the vibrant area surrounding the property in Port Jervis, NY. Located in the heart of the city, this bustling downtown area offers a mix of historic charm and modern conveniences. Explore nearby attractions such as the Delaware River, perfect for leisurely strolls and outdoor activities. The area also boasts an array of dining options, from cozy cafes to upscale restaurants, catering to all tastes. Additionally, the property is within close proximity to local shops, galleries, and entertainment venues, providing a dynamic and convenient work environment for professionals. Experience the perfect blend of small-town charm and urban amenities at this prime location.


Year Built: 1980
Building Size: 4000sq ft
Building Class: C
Lot Size: 1.95 acres

Map of 73 Kingston Ave, Port Jervis, NY, 12771

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.