320 Webster Avenue presents an exceptional opportunity to acquire a fully leased, income-producing mixed-use retail property in New Rochelle, NY. Positioned along Webster Avenue, this one-story masonry building offers a combination of established cash flow, strong street presence, and meaningful long-term upside for investors.The property consists of approximately 8,105 SF of building area, including approximately 6,127 SF of gross leasable area, situated on a 0.21-acre (9,147.6 SF) lot. The property is currently fully leased and generates approximately $180,000 in annual rental income, providing investors with immediate in-place revenue.One of the property's key investment advantages is its below-market rental structure, creating potential for future income growth as leases roll over. The property is zoned Neighborhood Business (NB) / C-1, providing flexibility and potential for repositioning over time.Conveniently located approximately 0.8 miles from the New Rochelle Metro-North Station and 1.3 miles from the Pelham Metro-North Station, the property benefits from excellent accessibility and connectivity throughout Westchester County and the New York City metropolitan area.With stable existing tenancy, strong in-place income, below-market rents, flexible zoning, and future rental upside, 320 Webster Avenue offers an attractive opportunity for investors seeking a well-positioned commercial asset in the New Rochelle market.
Listing By
Agency Name: Link NY Realty
Agency Contact: 646-827-2256
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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320 Webster Avenue | MLS# 1042414
This commercial property located at 320 Webster Avenue, New Rochelle, NY 10801 is currently listed for sale with an asking price of $2,850,000. Webster Avenue is located within the New Rochelle school district. Search New Rochelle real estate on www.coldwellbankerchoice.com today.