50
See all 50 photos
$449,000
Est. payment /mo
1,742 Sqft Lot
Active
107 Railroad AVE #Middleburgh Other, NY 12122
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 906188
Rental Info No
Year Built 1920
Annual Tax Amount $3,286
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Mixed Use
Source onekey2
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. 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.
Location
State NY
County Out Of Area
Rooms
Basement Crawl Space
Interior
Heating Oil
Cooling Ductless, Electric
Flooring Carpet, Concrete, Hardwood
Fireplace No
Appliance Electric Oven, Refrigerator
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Building
Lot Description Cleared, Level
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Block,Frame,Stone,Vinyl Siding,Wood Siding
Others
Special Listing Condition None
Listed by Keller Williams Hudson Valley • Pearl Ruby Torres