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107 Railroad Avenue, Middleburgh, NY 12122

$429,000
  • 107 Railroad Avenue, Middleburgh, NY 12122 Main Photo

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Active
SQUARE FEET2,516 MLS#R1633924
STATUSActive PROPERTY TYPECommercial - Business SCHOOLMiddleburgh

Property Description

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.

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.mjpeterson.com today.

Property Features

Property Type: Commercial - Business
Basement: None
Cooling: Other, See Remarks
Heating: Oil, Other, See Remarks, Steam
Lot Size: 0.04 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $125,867
Year Built: 1920

Feature Descriptions

Building Features: Office, Other, Roof Sign, See Remarks
Days on Site: 188
Exterior: Frame
Flooring: Concrete, Hardwood, Linoleum, Varies, Vinyl, Carpet
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 33X56
Parcel#: 433801-106-015-0004-005-000-0000
Parking: None
Parking Notes: None
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Sewer Connected

Local Schools

School District: Middleburgh

Listed By / Shown By

Listing By

Agency Name: Keller Williams Realty Hudson Valley North
Agency Phone: 845-481-2700

Shown By

Agency Title: MJ Peterson Real Estate
Agency Phone: (716) 688-1234

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