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Listed by: Beach & Bartolo Realtors
$875,000
Est. payment /mo
2 Baths
5,089 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,089 sqft
Price per Sqft $171
MLS Listing ID 20252228
Year Built 1940
Annual Tax Amount $9,478
Tax Year 9478
Lot Size 2.846 Acres
Acres 2.85
Lot Dimensions 2.8
Property Sub-Type Mixed Use
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
Rare Income-Generating Opportunity in Historic Ghent, NY!
Seize this exceptional chance to acquire a meticulously maintained commercial income property in the charming town of Ghent, Columbia County, New York. This unique 2.846-acre parcel offers a diversified income stream with significant upside potential.
Anchor Tenant: US Post Office with Long-Term Stability
The cornerstone of this investment is a secure, long-term lease with the United States Post Office, a highly stable and desirable anchor tenant. This reliable income stream provides a strong foundation for your investment, complete with renewable options for continued security.
Multiple Revenue Streams & Expansion Potential
Beyond the Post Office, the property boasts a separate, historic brick building that is currently rented, adding to the immediate cash flow. Further enhancing its value is a third building, presently used for storage, which presents a fantastic opportunity for conversion into an additional rental unit, unlocking further income growth.
Strong Financial Performance
This property is a proven performer, generating a gross annual income of 85,600, with remarkably low expenses of just 13,000. This favorable income-to-expense ratio ensures healthy net operating income from day one.
Strategic Columbia County Location
Nestled in the picturesque Hudson Valley, Ghent offers a desirable blend of rural charm and accessibility. Columbia County is a sought-after region for both residents and businesses, contributing to the long-term desirability and stability of this investment.
Don't miss out on this opportunity to own a diversified, income-producing asset with a blue-chip tenant and significant value-add potential in a thriving market.
Investment Highlights:
Anchor Tenant: U.S. Post Office with long-term lease and renewal options.
Diversified Income: Additional rented historic brick building.
Value-Add Opportunity: Third building for potential conversion to a new rental unit.
Generous Acreage: 2.846 acres
Prime Location: Desirable Ghent, Columbia County, NY.
Strong Cash Flow: Proven track record of high income and low expenses.
For more information and to schedule a private showing, contact us today!
Seize this exceptional chance to acquire a meticulously maintained commercial income property in the charming town of Ghent, Columbia County, New York. This unique 2.846-acre parcel offers a diversified income stream with significant upside potential.
Anchor Tenant: US Post Office with Long-Term Stability
The cornerstone of this investment is a secure, long-term lease with the United States Post Office, a highly stable and desirable anchor tenant. This reliable income stream provides a strong foundation for your investment, complete with renewable options for continued security.
Multiple Revenue Streams & Expansion Potential
Beyond the Post Office, the property boasts a separate, historic brick building that is currently rented, adding to the immediate cash flow. Further enhancing its value is a third building, presently used for storage, which presents a fantastic opportunity for conversion into an additional rental unit, unlocking further income growth.
Strong Financial Performance
This property is a proven performer, generating a gross annual income of 85,600, with remarkably low expenses of just 13,000. This favorable income-to-expense ratio ensures healthy net operating income from day one.
Strategic Columbia County Location
Nestled in the picturesque Hudson Valley, Ghent offers a desirable blend of rural charm and accessibility. Columbia County is a sought-after region for both residents and businesses, contributing to the long-term desirability and stability of this investment.
Don't miss out on this opportunity to own a diversified, income-producing asset with a blue-chip tenant and significant value-add potential in a thriving market.
Investment Highlights:
Anchor Tenant: U.S. Post Office with long-term lease and renewal options.
Diversified Income: Additional rented historic brick building.
Value-Add Opportunity: Third building for potential conversion to a new rental unit.
Generous Acreage: 2.846 acres
Prime Location: Desirable Ghent, Columbia County, NY.
Strong Cash Flow: Proven track record of high income and low expenses.
For more information and to schedule a private showing, contact us today!
Location
State NY
County Columbia
Area Ghent
Zoning 01 & VB - Comme
Interior
Heating Baseboard
Exterior
Waterfront Description None
Roof Type Asphalt
Building
Foundation Concrete Perimeter
Sewer Private Sewer, Public Sewer
Water Public
Schools
High Schools Chatham
School District Chatham
Others
Tax ID 75.4-2-30
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Peter Horowitz
Licensed Real Estate Associate Broker
Licensed Real Estate Associate Broker