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 | $419,000 |
| 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 | Concrete, Hardwood, Linoleum, Varies, Vinyl, Carpet |
|---|---|
| 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
| Office | Keller Williams Realty Hudson Valley North |
|---|
