204 Plutarch Rd
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204 Plutarch Rd
3,400 SF Office Building Highland, NY 12528 $375,000 ($110.29/SF)
INVESTMENT HIGHLIGHTS
- Attractive commercial building in Town of New Paltz - ideal for a small business wanting to own their own space!
- Suitable for office use, single-family home, day care center, nursing home, place of worship, or cultural institution
- Most interior walls are non-load-bearing, so reconfiguration is straightforward, with plumbing already in every room
- Convenient location 1 mile from I-87 exit, 2 miles from downtown New Paltz, and 3 miles from Highland
- Large 1-acre lot provides ample paved parking and large rear lawn that could potentially be used for expansion
- Lower-level apartment with second entrance could provide income or be used by owner or employee
EXECUTIVE SUMMARY
Opportunity to purchase an attractive commercial building in the Town of New Paltz! Formerly the home of Compassion Veterinary Center, the property could continue to be used as an animal care facility. A zoning variance was recently granted by the Town of New Paltz, allowing professional office use as well. Other allowable uses include a single-family home, day care center, nursing home, cultural institution, or a place of worship. The first floor measures 1,700 square feet, and includes a sun-filled reception area with high ceilings. Most interior walls are not load bearing, so reconfiguration of the space is a straightforward process. The full basement also measures 1,700 square feet and includes an office, a storage area, washer/dryer, and a 1-bedroom apartment with two means of egress. The large 1-acre lot is serene and peaceful, with ample parking, mature trees, and a large open lawn to the rear. The property's location one block north of Main Street mid-way between New Paltz and Highland is very convenient, with easy access to 1-87. This offering is ideally suited to a small business seeking to own their own facility, rather than rent.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$10,504
|
$3.09
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,504
|
$3.09
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $10,504 |
| Annual Per SF | $3.09 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $10,504 |
| Annual Per SF | $3.09 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
3,400 SF
Building Class
B
Year Built/Renovated
1965/2014
Price
$375,000
Price Per SF
$110.29
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,700 SF
Building FAR
0.08
Lot Size
1.00 AC
Zoning
A3 - Variance in place, granting professional office use. Single-family home, day care, nursing home, place of worship, and veterinary use also allowed.
Parking
14 Spaces (4.12 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Signage
- Kitchen
- Storage Space
- Basement
- Central Heating
- Shower Facilities
- Yard
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 3889-087.009-0003-009.000-0000 | Total Assessment | $240,900 (2023) |
| Land Assessment | $103,500 (2023) | Annual Taxes | $10,504 ($3.09/SF) |
| Improvements Assessment | $137,400 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
3889-087.009-0003-009.000-0000
Land Assessment
$103,500 (2023)
Improvements Assessment
$137,400 (2023)
Total Assessment
$240,900 (2023)
Annual Taxes
$10,504 ($3.09/SF)
Tax Year
2024
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204 Plutarch Rd
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