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Exceptional Mixed-Use Property – Auto Garage & 2 Residential Homes & Business Licenses ( Auto Inspection - Dismantle - Car Dealer - Auto Repair-) This well-established auto garage has been servicing local residents and businesses for over 50 years and is a rare turnkey opportunity. The 7, 440 sq. ft. garage is in excellent condition, featuring 6 bays, 4 lifts, 2 offices, 2 half baths, a separate bay for a body shop, and additional exterior storage space. Licenses include a New York State inspection license with inspection equipment valued at approximately $40, 000, as well as a dismantling license suitable for a junkyard or used parts sales. An accessory apartment above the garage has a separate egress, adding further versatility. The property includes two residential units: a 3-bedroom, 1-bath ranch home (2, 132 sq. ft. , built in 1987) with a full finished basement, and a 1, 082 sq. ft. 3-bedroom, 1-bath mobile home, currently rented for additional income. Upgrades include a metal roof installed in 2015 on both the garage and ranch home, a new furnace (2015), and an outdoor commercial wood stove capable of heating both the garage and house. Zoned AC (Agricultural Conservation) with many permitted uses and situated on two separate lots, this property offers tremendous potential for expansion. Its convenient location near Livingston Manor, White Sulphur Springs, Liberty, and Youngsville makes it ideal for a variety of mixed-use opportunities. This ia a perfect business/income oppertunity that you don't want to miss!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,050,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $840,000 | $840,000 | $840,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $1,179 | $1,179 | $1,179 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,445 | $4,902 | $6,864 |
| Total Monthly Payment | $5,749 | $6,206 | $8,168 |
* 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.