About This Home
This 0-bedroom, 0-bathroom commercial at 501 Route 52 #501 To 507 in Carmel, NY is listed for $699,000. Built in 1950, on a 0.57 acres lot.
Key Features
- Built in 1950
- 0.57 acre lot
- 44 parking spaces
Property Details
Prime Mixed-Use Investment Opportunity - Route 52 Corridor. Exceptional opportunity to acquire a versatile mixed-use property featuring three commercial buildings, including one building with a one-bedroom residential apartment, situated on a highly visible parcel with approximately 200 feet of road frontage and public sewer service.
Positioned along the rapidly growing Route 52 corridor. This property offers outstanding exposure to substantial daily traffic counts and is ideally located to benefit from the area's continued commercial and residential development. The site provides convenient access to I-84, surrounding business districts, and nearby town centers, making it attractive for both investors and owner-users.
Formerly home to the well-known Lake Carmel Hardware Store, the property presents a wide range of possibilities for retail, service, office, contractor, storage, mixed-use, or redevelopment opportunities. One commercial space is available for lease, providing immediate income potential or flexibility for an owner-occupant.
With multiple buildings, mixed-use functionality, and a strategic location in a growing commercial corridor, this property offers an exceptional opportunity with endless potential for income generation, expansion, and future appreciation.
Monthly Cost Estimate
$3,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
501 Route 52 #501 To 507
Carmel, NY 10512
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 501 Route 52 is listed at $699,000. The estimated monthly payment is $3,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 0.57 acre lot, 44 parking spaces.
This property is listed by Noor Dunn.
Noor Dunn
Agent at Coldwell Banker Residential Brokerage


