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Property Description

This is a golden investment opportunity! This unique mixed-use property in Garrison features a grandfathered retail/food services space on a residentially zoned lot. The residential portion also generates rental income. The current business and equipment occupying the retail space is not included in the sale, and its lease runs through March 2025. The residential rental operates on a month-to-month lease. The retail tenant covers 70% of the oil costs, with the landlord covering the remaining 30%. Other utilities are separately metered. Current rental income is $2,500 for the retail space and $2,400 for the residential unit. Additionally, the sale includes an adjacent vacant residential lot. Although the lot is currently not considered buildable, there may be potential to redraw property lines with the adjacent property to meet buildable lot requirements. Tax info includes both lots. Additional Information: HeatingFuel:Oil Above Ground,

Features
Heating System:
Oil, Hot Water, Propane
Cooling System:
Wall/window Unit(s)
Appliances:
Oil Water Heater
Community Features:
Park, Near Public Transportation
Fireplaces Total:
0
Garage Spaces:
0
Lot Features:
Near Public Transit
Parking Features:
Parking Lot
Sewer:
Septic Tank
Address Map
City:
Philipstown
State:
NY
County:
Putnam County
Directions:
Maps
Property and Construction
Architectural Style:
2 Story
Construction Materials:
Frame
Development Status:
Frame
High School:
Mt Vernon High School
Agent MlsId:
14107
Office MlsId:
CLBANS
MiddleOrJunior School:
Benjamin Turner Middle School
New Construction:
1
Number Of Units:
2
Senior Community:
1
Tax Annual Amount:
$17,679
Water Source:
Drilled Well
Zoning:
R80
PhotosCount:
14

Commercial Sale For Sale

405 Sprout Brook Road, Philipstown, NY

$499,000
Listing ID #H6315916
Basic Details
Property Type :
Commercial Sale
Property SubType :
Business
Listing ID :
H6315916
Price :
$499,000
Bathrooms Total :
0
Building Area :
3,898 Sqft
Year Built :
1979
Status :
Active
Status :
Active
Listing Office :
Coldwell Banker Realty
Listing Agent :
Francesca Mulone
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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