2352 - 2354 State Route 66, Ghent, NY

$875,000

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2

Baths

5,089

Square feet

2.85

Acres

About 2352 - 2354 State Route 66

Rare Income-Generating Opportunity in Historic Ghent, NY! Seize this exceptional chance to acquire a meticulously maintained commercial income property in the charming town of Ghent, Columbia County, New York. This unique 2.846-acre parcel offers a diversified income stream with significant upside potential. Anchor Tenant: US Post Office with Long-Term Stability The cornerstone of this investment is a secure, long-term lease with the United States Post Office, a highly stable and desirable anchor tenant. This reliable income stream provides a strong foundation for your investment, complete with renewable options for continued security. Multiple Revenue Streams & Expansion Potential Beyond the Post Office, the property boasts a separate, historic brick building that is currently rented, adding to the immediate cash flow. Further enhancing its value is a third building, presently used for storage, which presents a fantastic opportunity for conversion into an additional rental unit, unlocking further income growth. Strong Financial Performance This property is a proven performer, generating a gross annual income of 85,600, with remarkably low expenses of just 13,000. This favorable income-to-expense ratio ensures healthy net operating income from day one. Strategic Columbia County Location Nestled in the picturesque Hudson Valley, Ghent offers a desirable blend of rural charm and accessibility. Columbia County is a sought-after region for both residents and businesses, contributing to the long-term desirability and stability of this investment. Don't miss out on this opportunity to own a diversified, income-producing asset with a blue-chip tenant and significant value-add potential in a thriving market. Investment Highlights: Anchor Tenant: U.S. Post Office with long-term lease and renewal options. Diversified Income: Additional rented historic brick building. Value-Add Opportunity: Third building for potential conversion to a new rental unit. Generous Acreage: 2.846 acres Prime Location: Desirable Ghent, Columbia County, NY. Strong Cash Flow: Proven track record of high income and low expenses. For more information and to schedule a private showing, contact us today!

Features of 2352 - 2354 State Route 66

MLS® # 20252228
Price $875,000
Bathrooms 2.00
Square Footage 5,089
Acres 2.85
Year Built 1940
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 2352 - 2354 State Route 66
Area Ghent
City Ghent
County Columbia
State NY
Zip Code 12075

Additional Information

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Amenities

Is Waterfront Yes
Waterfront None

Interior

Appliances Other, Water Heater
Heating Baseboard
Fireplace No

Exterior

Exterior Frame
Roof Asphalt
Construction Frame
Foundation Concrete Perimeter

School Information

District Chatham

Additional Information

Zoning 01 & VB - Comme
Short Sale No
RE / Bank Owned No
General Tax $2,875
School Tax $6,604

Listing Details

AgentRochelle Bartolo
OfficeBeach & Bartolo Realtors

Listing Map

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