Property summary
This exceptional mixed-use property in Boonville, NY, presents a lucrative investment opportunity. Located at 13410 State Route 12, this offering encompasses a fully occupied commercial plaza featuring five individual storefronts, generating consistent rental income. The property also includes a thriving, recently updated laundromat business, complete with all necessary equipment, contributing significantly to the overall revenue stream. This turnkey operation boasts new equipment, resulting in a substantial increase in profitability. Adding to the appeal is a detached four-bedroom single-family home, providing additional income potential through rental or owner occupancy, and a detached garage. The entire property sits on a 0.43-acre lot, offering ample space and potential for future development or expansion. With a total building area of 3,520 square feet, this property is priced at $450,000 and represents a rare chance to acquire a diversified, high-income-producing asset in a desirable location, offering easy access to the Adirondack Mountains. This is an ideal investment for those seeking passive income and a strong return on investment. The property's current occupancy and established businesses minimize risk and maximize immediate returns. The combination of commercial rental income, laundromat profits, and residential possibilities makes this a truly unique and compelling investment opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Boonville, NYZoning
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Zoning designation
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