107 Railroad Avenue, Middleburgh, NY, 12122
1920
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.
Status:
Active
Type:
Commercial
Zoning:
Commercial
Heating:
Oil, Steam
Cooling:
Dual, Ductless
Levels:
2
Lot Size:
32x56x34x59
Acreage:
0.04
Est. Taxes:
$3,286
Assessment
$57,000
Construction
Frame, Stone, Vinyl Siding, Wood Siding
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Lot Description:
Level
School District:
Middleburgh
Appliances:
Free-Standing Electric Range, Refrigerator
Owner Pays:
Electricity
MLS #:
20254002
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Keller Williams Realty HV Nort