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3392018
3392017

4 Western Avenue, Marlboro, NY 12542

JD
NY NY. 10301216451
Century 21 Alliance Realty Group Wappingers Falls
Listed by Century 21 Alliance Realty Group Wappingers Falls
$1,300,000
2066 days on market
Updated 0 days ago

4 Western Avenue

Details
APN 513600.108.012-0002-031.000/0000
Property Type Retail
Sub Type Restaurant, Storefront
Net Rentable (SqFt) 5,092
Units 4
Occupancy 100%
Class A
Year Built 2005
Buildings 1
Stories 2
Acreage 0.050
Zoning C
Investment Type Owner/User
Occupancy Date 01/01/2021

Franks Village Market & Deli

Marketing description

HIT THE GROUND RUNNING: This turnkey business features a long-established and loyal customer base, top-quality equipment, and a dependable team of experienced employees. The three on-site apartments are fully rented and have a consistent history of zero vacancy due to the highly desirable location. GROW THE REVENUE: Significant upside potential exists through expanded catering services, more aggressive marketing, extended operating hours, and increasing apartment rents to market levels. The space also offers flexibility and could be repurposed as a café or restaurant or alternatively converted to office or retail use if desired. Franks Village Market & Deli was established in 1985, with the current building constructed in 2005. This is an as-is sale including both the Business and Real Estate. Frank’s outstanding reputation extends throughout the Hudson Valley and is an important staple in the local community. Tourists often visit for breakfast or lunch on their way to enjoying the area’s farms, foliage, wineries, and attractions. The building is fully outfitted with modern, well-maintained equipment and enjoys excellent accessibility from the center of the hamlet. The property includes two 2-bedroom apartments and one 1-bedroom apartment, along with prominent visibility on busy Route 9W, which sees approximately 16,000 vehicles per day passing by. Financials are available for review by serious, pre-qualified buyers. Owner financing may be available, and the owner is open to creative deal structures. Eliminate the typical startup risks by acquiring this well-established, very active business.

Investment highlights

  • Established Business With Strong Customer Base
  • Three 1BR Apartments Fully Rented
  • Building Well Kept and in Great Condition
  • Excellent Commercial Stoves, Ovens, Refrigeration
  • Strong Financials: Available Only to Serious Buyer (Contact List Agent
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Listing Contacts

JD
NY NY. 10301216451
Century 21 Alliance Realty Group Wappingers Falls
Listed by Century 21 Alliance Realty Group Wappingers Falls

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Additional Information

Name
John DeMarco
License
NY. 10301216451
Brokerage Phone
8452063667
Brokerage Address
1136 U.S. 9
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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