Keller Williams Hudson Valley
Listed by Keller Williams Hudson Valley
$429,000
Value Village Wine & Liquor
Details
APN 43380110615
Property Type Mixed Use, Retail
Sub Type Storefront, Residential
Square Footage 2,516
Units 3
Cap Rate 15.00%
NOI $70,917
Year Built 1920
Buildings 1
Stories 2
Acreage 0.040
Zoning Commercial
Mixed Use | 15.00% CAP | 2,516 SqFt
Marketing description
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.
Listing Contacts
Keller Williams Hudson Valley
Listed by Keller Williams Hudson Valley
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,917.00
$5,909.75/mo
Valuation Metrics
0
DSCR
16.53%
Cap Rate
16.53%
ROI
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