107 Railroad Avenue, Middleburgh, NY

$449,000

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2,516

Square feet

0.04

Acres

About 107 Railroad Avenue

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.

Features of 107 Railroad Avenue

MLS® # R1633924
Price $449,000
Bathrooms 0.00
Square Footage 2,516
Square Footage 1742
Acres 0.04
Year Built 1920
Type Commercial Sale
Sub-Type Business
Status Active

Community Information

Address 107 Railroad Avenue
Area Middleburgh-Village
City Middleburgh
County Schoharie
State NY
Zip Code 12122

Amenities

Utilities Electricity Connected, Sewer Connected
Features Rectangular, Rectangular Lot
Parking None
Garages None
Is Waterfront No
Has Pool No

Interior

Interior Hardwood, Linoleum, Varies, Vinyl, Carpet, Concrete
Heating Oil, Other, See Remarks, Steam
Cooling Other, See Remarks
Fireplace No
# of Stories 2
Stories 2
Has Basement No
Basement None

Exterior

Exterior Frame
Lot Description Rectangular, Rectangular Lot
Roof Metal
Construction Frame

School Information

District Middleburgh

Additional Information

Zoning C
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty Hudson Valley North

Listing Map

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