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 |
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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 |
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Area | Middleburgh-Village |
City | Middleburgh |
County | Schoharie |
State | NY |
Zip Code | 12122 |
Amenities
Utilities | Electricity Connected, Sewer Connected |
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Features | Rectangular, Rectangular Lot |
Parking | None |
Garages | None |
Is Waterfront | No |
Has Pool | No |
Interior
Interior | Hardwood, Linoleum, Varies, Vinyl, Carpet, Concrete |
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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 |
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Lot Description | Rectangular, Rectangular Lot |
Roof | Metal |
Construction | Frame |
School Information
District | Middleburgh |
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Additional Information
Zoning | C |
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Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Keller Williams Realty Hudson Valley North |
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