3 Park Row Cadyville, NY 12918

Property Details for 3 Park Row

Year built

1930

Lot size

1.16 lot acres

Property size

3,928 SF

Zone code

R-2

Property type

Specialty properties

APN

094200 204.3-3-8.1

APU

942002043381

Description

This exceptional mixed-use property in Cadyville, NY, presents a unique investment opportunity. Located at 3 Park Row Unit 3, the 3,016 square foot building sits on a 1.16-acre lot, offering ample space and potential. The main level currently operates as a well-established funeral home, providing a steady income stream. Below, a substantial three or four-bedroom apartment generates additional revenue. This lower-level unit boasts a comfortable layout, including a living room, dining room, kitchen with oak cabinets, a full bath, and a dedicated washer area. Currently leased month-to-month for $1,000, this rental includes all utilities – electricity, natural gas, and hot water – along with lawn care and snow removal. Annual water costs are approximately $300. The property's combination of established business and rental income makes it an attractive proposition for investors seeking a diversified portfolio. The substantial lot size also offers potential for future expansion or development, subject to local zoning regulations. This turnkey operation is priced competitively at $250,000, presenting a compelling opportunity to acquire a profitable and versatile commercial property in a desirable location. Serious inquiries are encouraged.