$729,900
Prime Mixed-Use Investment Opportunity – 5,786 SF Corner Building in High-Growth Area Offered for the first time in over two decades, this well-maintained 5,786 square foot mixed-use building is a standout investment opportunity in one of the region’s most rapidly developing areas. Owned by the same family for 21 years,… Read More the property features a solid rental history with excellent potential for increased income. The ground-floor commercial space is home to a long-standing neighborhood grocery store with stable tenancy. Above the storefront are two spacious residential apartments, each offering four bedrooms, one full bathroom, a large living room, and an eat-in kitchen. Both units have separate private entrances, allowing for flexible use or future redevelopment potential. Situated on a prominent corner lot, this property is surrounded by ongoing development and revitalization, positioning it perfectly to benefit from the area's upward momentum. All rents are currently well below market value, providing immediate opportunity for value-add improvements and increased cash flow. Whether you’re an investor looking for strong long-term growth or a developer seeking your next project in a thriving location, this property is a rare find in a market on the rise. Read Less
Listing Courtesy of Picture It Sold, LLC, 845-283-5494
Listing Snapshot
Days Online
39
Last Updated
Property Type
Multi Family
Lot Size
0.06 Acres
Year Built
1900
MLS Number
894116
30 Days Snapshot Of 12550
$493k
+20%
(avg) sold price
41
+70%
homes sold
115
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Description: "Partial"
Building
Building Area: 5786, Construction Materials: "Brick", Year Built: 1900
Cooling
Details: "None"
Heating
Heating: "Natural Gas"
Lot
Acres: 0.0597, Size: 2600
Utilities
Sewer: "Public Sewer", Water Source: "Public", Utilities: "Electricity Connected", "Natural Gas Connected", "Phone Connected", "Sewer Connected", "Water Connected"
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Alex Baron
Associate Real Estate Broker

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