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

1 story
44 spaces
#501 To 507
1950
Listing Description

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

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

501 Route 52 #501 To 507

Carmel, NY 10512

Property Details

Construction

Frame

Parking

Parking LotOversize

Heating

Electric (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.

ND

Noor Dunn

Agent at Coldwell Banker Residential Brokerage

Listed by Coldwell Banker Residential Brokerage · Broker phone: (914) 997-0097 · Broker website

MLS# 1011007· Source: OneKey MLS· 140 days on PropertySimple

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

501 Route 52 #501 To 507, Carmel, NY 10512

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