107 Railroad Avenue, Middleburgh, NY

$449,000

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3

Baths

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® # 20254002
Price $449,000
Bathrooms 3.00
Square Footage 2,516
Acres 0.04
Year Built 1920
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

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

Additional Information

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Amenities

Utilities Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Is Waterfront No

Interior

Appliances Refrigerator, Free-Standing Electric Range
Heating Oil, Steam
Cooling Dual, Ductless
Fireplace No

Exterior

Exterior Frame, Stone, Vinyl Siding, Wood Siding
Exterior Features Lighting, Private Entrance
Lot Description Level
Roof Metal
Construction Frame, Stone, Vinyl Siding, Wood Siding
Foundation Block

School Information

District Middleburgh

Additional Information

Zoning Commercial
Short Sale No
RE / Bank Owned No
General Tax $1,000
School Tax $1,758
Village/Town Tax $528

Listing Details

AgentPearl Torres
OfficeKeller Williams Realty HV Nort

Listing Map

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