About 10 Bon Miller Road
Prime investment opportunity in Mahopac, NY offering 3.4 acres with income-producing tenant and development potential. 10 Bon Miller Rd, a unique property located just off Route 6 yet in the heart of Mahopac and Town of Carmel. This exceptional offering features two buildings totaling 14,242 square feet with a mix of current income and outstanding development potential. The rear building, constructed in 1999 is currently leased to a national tenant who occupies 45% of the space and is in year 7 of a 15 year lease. This tenant is responsible for 100% of property maintenance, landlords insurance, and their proportionate share of real estate taxes, providing a reliable and low-maintenance income stream for the new owner. An additional second-floor walk-up office space is currently available for lease, offering upside for increased cash flow. Additionally, there is a possibility that this can be converted to multi-family use, subject to approvals making this property a standout opportunity for investors and developers. The front building is a 2,772 sq ft residence that has been completely gutted and is ready for a full renovation. The zoning allows for multi-family use with 500 sq ft minimum per unit, offering significant redevelopment potential. This property is a must see.
Features of 10 Bon Miller Road
| MLS® # | 911902 |
|---|---|
| Price | $1,800,000 |
| Bathrooms | 0.00 |
| Square Footage | 14,242 |
| Acres | 3.42 |
| Year Built | 1999 |
| Type | Residential |
| Sub-Type | Quadruplex |
| Style | Other |
| Status | Pending |
Community Information
| Address | 10 Bon Miller Road |
|---|---|
| City | Mahopac |
| County | Putnam County |
| State | NY |
| Zip Code | 10541 |
Additional Information
Listing Details
| Office | BHHS Hudson Valley Properties |
|---|---|
| Office Contact | 845-896-9000 |
