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Property Description

Step into a proven income-producing opportunity! This 2,516 sq ft mixed-use building features three revenue-generating units with long-term tenants in place. Spacious 2-Bedroom Apartment (1,258 sq ft): Occupied by a reliable long-term tenant. Two Storefronts: Value Village Wine & Liquor – thriving, established wine & liquor store included in the sale with strong community presence for more than 36 years! Business grosses $525K+ annually, with $100K+ in inventory, POS system, security cameras, and business name all included for a true turnkey transition. Pet Groomer – loyal, long-term tenant who would like to stay. With a combined NOI of $69,751 and an impressive 15.53% cap rate, this property offers exceptional returns whether you’re an investor looking to expand your portfolio or an owner-occupant seeking a steady income stream. Located in the heart of Middleburgh, NY, this is a rare opportunity to own both a successful wine & liquor business and a fully leased income property with immediate cash flow.

Features
Heating System:
Oil
Cooling System:
Ductless, Electric
Basement:
Crawl Space
Appliances:
Refrigerator, Electric Oven
Electric:
100 Amp Service
Flooring:
Hardwood, Carpet, Concrete
Lot Features:
Level, Cleared
Sewer:
Public Sewer
Utilities:
Electricity Connected, Water Connected, Sewer Connected
Address Map
City:
Out Of Area
State:
NY
County:
Out of Area
Directions:
Route 145 to Main St in Middleburgh, turn on Wells Ave, left on Grove turns into Railroad, #107 on right.
Property and Construction
Development Status:
Block, Frame, Vinyl Siding, Wood Siding, Stone
Agent MlsId:
40125
Office MlsId:
KWHV06
Number Of Units:
3
Special Listing Conditions:
No
Stories Total:
2
Tax Annual Amount:
$3,286
Water Source:
Public
Zoning:
Commercial Mixed
PhotosCount:
50

Commercial Sale For Sale

107 Railroad Avenue, Out Of Area, NY

$449,000
Listing ID #906188
Basic Details
Property Type :
Commercial Sale
Property SubType :
Mixed Use
Listing ID :
906188
Price :
$449,000
Bathrooms Total :
0
Building Area :
2,516 Sqft
Year Built :
1920
Status :
Active
Status :
Active
Listing Office :
Keller Williams Hudson Valley
Listing Agent :
Pearl Ruby Torres
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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