SQUARE FEET6,324
MLS#20261518
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLChatham Central Schools
Property Description
Introducing a unique investment opportunity in the heart of Chatham! This historic three-story brick building, formerly home to Browns Shoe Store, features two vibrant commercial storefronts and four fully occupied apartments. Nestled on Main Street, the property benefits from high foot traffic and a diverse range of established businesses, enhancing its appeal to tenants and visitors alike. Currently generating 129,600 in annual rents, the building has a strong financial profile with tenants responsible for all utilities. With a CAP rate exceeding 9 points based on current rents, this well-maintained asset offers an attractive return on investment. Dont miss the chance to add this prime commercial property to your portfolio!
Property Features
Property Type: Commercial - Business
Fuel Type: Propane
Heating: Forced Air, Propane
Lot Size: 0.07 Acres
Taxes: $8,340
Year Built: 1900
Feature Descriptions
Parcel #: 66.10-1-35
Sewer: Public Sewer
SQFT Total: 6324
Tenant Pays: Electricity, Trash Collection
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected, Propane
Water: Public
Local Schools
School District: Chatham Central Schools
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)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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35 Main Street | MLS# 20261518
This commercial property located at 35 Main Street, Chatham, NY 12037 is currently listed for sale with an asking price of $1,200,000. Main Street is located within the Chatham Central Schools school district. Search Chatham real estate on www.coldwellbankerchoice.com today.