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  • Price$575,000
  • Acres1.00
  • Built1908

2968 Rte 28 Highway, Shokan

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

Amenities

  • ParkingDRIVEWAY-SHARED, LOT, OFF STREET, 3 CAR +
  • # of Garages2
  • GaragesGarage Detached
  • ViewMOUNTAIN

Exterior

  • Lot DescriptionADDITIONAL LAND AVAILABLE, SLOPE-GENTLY
  • RoofASPH SHINGLE
  • ConstructionFRAME/STICK

Additional Information

  • Zoningbus

Community Information

  • Address2968 Rte 28 Highway
  • AreaOLIVE
  • CityShokan
  • CountyUlster County
  • StateNY
  • Zip Code12481

Interior

  • Interior FeaturesSMOKE DETECTOR, CARBON MONIXIDE DETECTOR, CABLE READY
  • AppliancesEXHAUST FAN, RANGE HOOD, REFRIGERATOR
  • HeatingFORCED AIR
  • CoolingWALL UNIT
  • FireplacesNONE

School Information

  • DistrictONTEORA CENTRAL
  • ElementaryBENNETT

Listing Details

  • Listing AgentWilliam St John
  • Listing OfficeHalter Associates Realty
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