4 Western Avenue, Marlboro, NY, 12542
2005
HIT THE GROUND RUNNING: This turnkey business features a long-established and loyal customer base, top-quality equipment, and a dependable team of experienced employees. The three on-site apartments are fully rented and have a consistent history of zero vacancy due to the highly desirable location. GROW THE REVENUE: Significant upside potential exists through expanded catering services, more aggressive marketing, extended operating hours, and increasing apartment rents to market levels. The space also offers flexibility and could be repurposed as a café or restaurant or alternatively converted to office or retail use if desired. Franks Village Market & Deli was established in 1985, with the current building constructed in 2005. This is an as-is sale including both the Business and Real Estate. Frank’s outstanding reputation extends throughout the Hudson Valley and is an important staple in the local community. Tourists often visit for breakfast or lunch on their way to enjoying the area’s farms, foliage, wineries, and attractions. The building is fully outfitted with modern, well-maintained equipment and enjoys excellent accessibility from the center of the hamlet. The property includes two 2-bedroom apartments and one 1-bedroom apartment, along with prominent visibility on busy Route 9W, which sees approximately 16,000 vehicles per day passing by. Financials are available for review by serious, pre-qualified buyers. Owner financing may be available, and the owner is open to creative deal structures. Eliminate the typical startup risks by acquiring this well-established, very active business.
Status:
Active
Type:
Commercial
Units:
4
Heating:
Electric, Forced Air, Natural Gas, Propane
Cooling:
Ductless, Wall/Window Unit(s)
Levels:
2
Parking:
On Street, Open
Acreage:
0.05
Est. Taxes:
$19,135
Assessment
$454,500
Construction
Advanced Framing Technique, Block, Fiberglass Insulation
Utilities
Electricity Available
Lot Description:
Level
School District:
Marlboro
Appliances:
Convection Oven, Dishwasher, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Gas Oven, Gas Range, Ice Maker, Microwave, Other, Refrigerator, Stainless Steel Appliance(s), Washer
MLS #:
995065
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of C21 ALLIANCE REALTY GROUP WF 845-297-4700