107 Railroad Avenue, Middleburgh

$449,000

0 Bed
3 Baths
2,516 Sqft
.04 Acre
0 Garage

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.

Essential Information
MLS® #20254002
Price$449,000
Bathrooms3.00
Square Footage2,516
Acres0.04
Year Built1920
TypeCommercial Sale
Sub-TypeMixed Use
StatusActive
Community Information
Address107 Railroad Avenue
AreaMiddleburgh
CityMiddleburgh
CountySchoharie
StateNY
Zip Code12122
Utilities

Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Interior
HeatingOil, Steam
CoolingDual, Ductless
Appliances

Refrigerator, Free-Standing Electric Range

Exterior
Exterior FeaturesLighting, Private Entrance
Lot DescriptionLevel
RoofMetal
FoundationBlock
Exterior

Frame, Stone, Vinyl Siding, Wood Siding

Construction

Frame, Stone, Vinyl Siding, Wood Siding

School Information
DistrictMiddleburgh
Additional Information
ZoningCommercial
Listing Details
AgentPearl Torres
Listing Courtesy of Keller Williams Realty HV Nort
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