3 Building Retail/Warehouse 501-507 Route 52 4,828 SF Retail Building Carmel, NY 10512 $775,000 ($160.52/SF)

Prime Commercial Property for Sale – 501-507 Route 52, Carmel, NY
Versatile Retail Spaces with Residential Income in a Growing Corridor
Presenting an exceptional investment opportunity at 501-507 Route 52 in Carmel, NY: a portfolio of three retail buildings, one of which includes an apartment above, offering both commercial and residential income streams. Strategically located along the up-and-coming Route 52 corridor, this property benefits from excellent road exposure and is poised to capitalize on the area's ongoing development projects, including initiatives as close as across the street.
Property Highlights
? Three Retail Buildings – Diverse commercial spaces catering to various business types
? Mixed-Use Potential – One building features an upper-level apartment for additional rental income
? High Visibility Location – Situated on Route 52 with substantial daily traffic counts, enhancing business exposure
? Proximity to Major Routes – Easy access to I-84 and nearby town centers, facilitating customer and tenant convenience
? Emerging Development Area – Located in a corridor experiencing significant growth, increasing property value potential
? Public Sewer
Ideal for Various Investment Strategies:
? Owner-Users – Establish your business in a high-visibility location while benefiting from additional rental income
? Investors – Secure a property with multiple income streams in a growing market
? Developers – Explore redevelopment opportunities in a prime location within an expanding commercial corridor
Why Invest Here?
? Growing Traffic and Exposure – Route 52 is experiencing increased traffic due to ongoing and upcoming projects, boosting visibility for businesses
? Strategic Location – Close to major highways and town centers, ensuring steady customer flow and tenant appeal
? Versatile Income Potential – Combination of retail spaces and residential units offers diversified revenue streams
? Future Growth Prospects – Situated in a developing area with planned infrastructure improvements, promising long-term appreciation
Seize this unique opportunity to invest in a versatile commercial property within a thriving corridor. Contact us today to learn more and schedule a viewing!