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Here’s your chance to own a thriving deli and convenience store that locals know and love, along with the building and an income-producing apartment — all in one unbeatable package! Perfectly positioned on heavily traveled Burlingham Road, less than one mile to Route 52 and under 10 minutes to the Hamlet of Pine Bush, this property offers excellent exposure and nonstop traffic. The building makes a statement with its covered porch, and clear roadside signage, while the inside is set up for success. The deli features a spacious customer area with multiple dining tables for eat-in service, a full line of glass-door coolers, display cases, and food prep stations, and ample shelving for grocery and convenience items. Behind the scenes, the property is equipped with a fully functional kitchen, complete with stainless steel prep tables, a gas range with overhead hood, deep stainless sinks, double refrigerators, and extensive shelving and storage for dry goods and supplies. This area is designed to handle daily food prep with ease, making it ideal for deli operations or expansion into catering and events. A walk-in cooler, freezers, and additional storage provide even more support, and there is also a dedicated office space for management, as well as a bathroom conveniently located off the storage area. Additionally featuring a whole building generator powered by propane, great for those unexpected power outages. Generator feeds the deli and upstairs apartment without any stress. Above the business, the one-bedroom apartment offers its own private exterior entrance and deck, along with hardwood floors and a kitchen/dining area combo, providing comfortable living quarters and steady rental income with room to increase. The property spans 1. 8 acres, including a large paved lot with parking for 25+ vehicles, an open field, picnic/entertaining area perfect for events, and a separate one-car garage for storage. With its warm, welcoming atmosphere, proven community reputation, and multiple income streams, this is a turn-key investment package with endless potential for an owner-operator or investor ready to grow, expand, or simply enjoy the returns.
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Our Executive Mortgage Banker:
Our Insurance Division:
$439,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $351,999 | $351,999 | $351,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $657 | $657 | $657 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,944 | $2,082 | $2,807 |
| Total Monthly Payment | $2,676 | $2,814 | $3,539 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.