Ellis Sotheby's Intl Realty
Listed by Ellis Sotheby's Intl Realty
$1,699,000
817 Chestnut Ridge Road
Details
APN 392615-062-016-0001-010-000-0000
Property Type Office
Sub Type Traditional Office, Medical Office
Units 10
NOI $81,875
Year Built 1867
Buildings 2
Stories 2
Acreage 0.560
Zoning RR50
Office
Marketing description
One Property, Two Buildings, Ten Plus Offices, and One Hundred possibilities for this commercial listing in the very heart of the village of Chestnut Ridge! Own a piece of high profile Chestnut Ridge Rd, aka Route 45 commanding incredible visability at the center of the village strip. Capture the upside with an investment that as is generates a steady income flow with two office buildings serving the medical arts (2 offices vacant). Alternatively realize your dream on this .56 acre lot and rebuild from ground up to maximize the property's potential. These two historic and renovated buildings currently offer a community of medical professionals a hub to work from. Tenants include therapists, accupunturists, chiropractor, and other healing modalities. The two structures are built around a parking court yard for 11 vehicles. The "White Farmhouse" and "Red Barn" are divided into many private offices and treatment rooms with shared receptions and bathrooms on each floor. Designated as Multi Use-Downtown Row it shares a driveway with The Barn Shopping Center featuring shops and popular eateries, as well as overflow parking. Seller did many improvements over the past 20 years turning these buildings into well tuned and updated investments. Whether you are an owner-user, investor or builder this is a rare oppertunity to own a prime piece of property with endless potential.
Listing Contacts
Ellis Sotheby's Intl Realty
Listed by Ellis Sotheby's Intl Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$81,875.00
$6,822.92/mo
Valuation Metrics
0
DSCR
4.82%
Cap Rate
4.82%
ROI
Map
Zoning
NS CommercialNeighborhood CommercialNeighborhood Shopping
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View all 20 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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