107 Railroad Avenue Unit Middleburgh
Other,
NY
12122
- Commercial
- Year Built 1920
- Mixed Use
- ML# 906188
Property Details
Overview
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. 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, security cameras, and business name all included for a true turnkey transition. 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.
Key Facts
- •Lot Size: 0.04
- •Taxes: $3,286
- •Sale or Rent: Sale
- •Zoning: Commercial Mixed
- •Construction Materials: Block, Frame, Stone, Vinyl Siding, Wood Siding
- •Wood Floors: Yes
- •Stories: 2
- •Heat: Oil
- •A/C: Ductless, Electric
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
Keller Williams Hudson Valley
845-481-2700
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