Prime Mixed-Use Investment Opportunity - 5,786 SF Corner Building in High-Growth AreaOffered for the first time in over two decades, this well-maintained 5,786 square foot mixed-use building is a standout investment opportunity in one of the region's most rapidly developing areas. Owned by the same family for 21 years, the property features a solid rental history with excellent potential for increased income.The ground-floor commercial space is home to a long-standing neighborhood grocery store with stable tenancy. Above the storefront are two spacious residential apartments, each offering four bedrooms, one full bathroom, a large living room, and an eat-in kitchen. Both units have separate private entrances, allowing for flexible use or future redevelopment potential.Situated on a prominent corner lot, this property is surrounded by ongoing development and revitalization, positioning it perfectly to benefit from the area's upward momentum. All rents are currently well below market value, providing immediate opportunity for value-add improvements and increased cash flow.Whether you're an investor looking for strong long-term growth or a developer seeking your next project in a thriving location, this property is a rare find in a market on the rise.
Listing By
Agency Name: Picture It Sold, LLC
Agency Phone: 845-283-5494
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.
94 William Street | MLS# 894116
This commercial property located at 94 William Street, Newburgh, NY 12550 is currently listed for sale with an asking price of $699,900. William Street is located within the Newburgh school district. Search Newburgh real estate on www.coldwellbankerchoice.com today.