107 Railroad Avenue, Middleburgh, NY 12122

$429,000
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Active
SQUARE FEET2,516 MLS#20254002
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 youre 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# 20254002

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.coldwellbankerchoice.com today.

Property Features

Property Type: Commercial - Business
Cooling: Dual, Ductless
Fuel Type: Oil
Heating: Oil, Steam
Lot Size: 0.04 Acres
Roof Type: Metal
Taxes: $3,286
Year Built: 1920

Amenities

Lighting
Private Entrance

Feature Descriptions

Appliances: Refrigerator, Free-Standing Electric Range
Business Type: Animal Grooming, Liquor Store, Residential
Days on Site: 278
Exterior: Frame, Stone, Vinyl Siding, Wood Siding
Flooring: Carpet, Concrete, Vinyl, Wood
Lot: Level
Lot Dimensions: 32x56x34x59
Parcel #: 43380110615
Road Frontage: City Street
Road Surface: Paved
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
SQFT Total: 2516
Tenant Pays: Electricity
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water: Public

Local Schools

School District: Middleburgh

Listed By / Shown By

Listing By

Agency Name: Keller Williams Realty HV Nort

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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