This is a golden investment opportunity! This unique mixed-use property in Garrison features a grandfathered retail/food services space on a residentially zoned lot. The residential portion also generates rental income. The current business and equipment occupying the retail space is not included in the sale, and its lease runs through March 2025. The residential rental operates on a month-to-month lease. The retail tenant covers 70% of the oil costs, with the landlord covering the remaining 30%. Other utilities are separately metered. Current rental income is $2,500 for the retail space and $2,400 for the residential unit. Additionally, the sale includes an adjacent vacant residential lot. Although the lot is currently not considered buildable, there may be potential to redraw property lines with the adjacent property to meet buildable lot requirements. Tax info includes both lots. Additional Information: HeatingFuel:Oil Above Ground,
3,898 Sq Ft
1.06 Private Acres Exterior Space
Commercial
$17,679 Annual Tax
Built in 1979
MLS/Listing ID H6315916
Cooling - Wall/window unit(s)
Heating - Oil
Heating - Propane
Heating - Hot Water
Parking - Parking Lot
Oil Water Heater
Construction - Frame
Listing Courtesy of COLDWELL BANKER REALTY, FRANCESCA MULONE - 914-943-6442
Source of Data: ONEKEY MLS