10 Bon Miller Rd

mahopac, NY 10541

$1,800,000

  • contract signed

INTERESTED? LET'S CONNECT

Prime investment opportunity in Mahopac, NY offering 3.4 acres with income-producing tenant and development potential. 10 Bon Miller Rd, a unique property located just off Route 6 yet in the heart of Mahopac and Town of Carmel. This exceptional offering features two buildings totaling 14,242 square feet with a mix of current income and outstanding development potential. The rear building, constructed in 1999 is currently leased to a national tenant who occupies 45% of the space and is in year 7 of a 15 year lease. This tenant is responsible for 100% of property maintenance, landlords insurance, and their proportionate share of real estate taxes, providing a reliable and low-maintenance income stream for the new owner. An additional second-floor walk-up office space is currently available for lease, offering upside for increased cash flow. Additionally, there is a possibility that this can be converted to multi-family use, subject to approvals making this property a standout opportunity for investors and developers. The front building is a 2,772 sq ft residence that has been completely gutted and is ready for a full renovation. The zoning allows for multi-family use with 500 sq ft minimum per unit, offering significant redevelopment potential.

Details

14,242 Sq Ft

3.42 Private Acres Lot Size

Commercial

$27,608 Annual Tax

Built in 1999

MLS/Listing ID 912328

3 Units

Amenities & Features

Construction - Frame

Cooling - Central Air

Heating - Natural Gas

ONEKEY

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