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 who would like to stay. 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, mini split with A/C, security cameras, signage and business name all included for a true turnkey transition with distributors, etc. 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. 24 hour notice required.
Listing By
Agency Name: Keller Williams Realty Hudson Valley North
Agency Phone: 845-481-2700
Shown By
Agent Name: Patricia Polcyn
Agent Phone: (716) 912-2627
Agency Title: MJ Peterson Real Estate
107 Railroad Avenue | MLS# R1633924
This commercial property located at 107 Railroad Avenue, Middleburgh, NY 12122 is currently listed for sale with an asking price of $429,000. Railroad Avenue is located within the Middleburgh school district. Search Middleburgh real estate on www.patpolcyn.com today.