Homes for sale - 107 Railroad AVE, Middleburgh, NY 12122

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Listed by: Keller Williams Realty HV Nort

$449,000

Est. payment - /mo

3 Baths

2,516 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,516 sqft

Price per Sqft $178

MLS Listing ID 20254002

Year Built 1920

Annual Tax Amount $3,286

Tax Year 3286

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 32x56x34x59

Property Sub-Type Mixed Use

Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)

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 who would like to stay. 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, mini split with A/C, security cameras, signage and business name all included for a true turnkey transition with distributors, etc. Pet Groomer - loyal, long-term tenant who would like to stay. With a combined NOI of 70,917 and an impressive 15.97 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. 24 hour notice required.

Location

State NY

County Schoharie

Area Middleburgh

Zoning Commercial

Interior

Heating Oil, Steam

Cooling Dual, Ductless

Flooring Carpet, Concrete, Vinyl, Wood

Exterior

Exterior Feature Lighting, Private Entrance

Fence None

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Roof Type Metal

Building

Lot Description Level

Story 2

Foundation Block

Sewer Public Sewer

Water Public

Schools

High Schools Middleburgh

School District Middleburgh

Others

Tax ID 43380110615

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Peter Horowitz

+1(845) 247-5094

Licensed Real Estate Associate Broker