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POWERED BY PURLIN.AI

107 Railroad Ave

middleburgh, NY 12122

$429,000

    Interested? Let's Connect

    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 $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. 24 hour notice required.

    Details

    2,516 Sq Ft

    1,742 Sq Ft Lot Size

    commercial

    $125,867 Annual Tax

    Built in 1920

    MLS/Listing ID R1633924

    2 Stories

    3 Units

    Amenities & Features

    Heating - Steam

    Heating - Other

    Heating - Oil

    Lot - Rectangular Lot

    Carpet

    Concrete

    Hardwood

    Metal

    Office

    Linoleum

    Vinyl

    Cooling - Other

    Construction - Frame

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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    Interested In 107 Railroad Ave?