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167 Route 9W Haverstraw, NY 10927

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For Sale
$895,000

High-Return Investment Opportunity in Haverstraw

Property size:
4,160 SF

Property Features for 167 Route 9W

General Information

Property type
Retail properties & Spaces
Square Feet
4,160 SF

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Listing Contact
Steven Shell

Listing Agency: coldwell banker realty Listing Agent: Steven Shell

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment property at 167 Route 9W in Haverstraw, NY, presents a unique dual-income opportunity. The main structure boasts approximately 4,160 square feet of retail space, currently occupied by a long-term tenant operating a recently fully renovated restaurant. This lease generates substantial income, contributing to an excellent capitalization rate. The property also includes a separate, recently renovated 4-5 bedroom residential house, also under lease. Recent upgrades to the residential property include a new kitchen, bathrooms, flooring, ceilings, lighting, and electrical panel. Both the retail space and the residential house possess approved certificates of occupancy. The property sits on a lot of approximately 6,098 square feet and features newly paved parking areas and a new roof. All utilities are paid by the tenants, and the residential tenant is responsible for property maintenance. Located on one of Rockland County's busiest roadways, this property offers unparalleled visibility and access to a high volume of traffic. Annual property taxes are approximately $22,000. This turnkey investment is ideal for those seeking a strong return on investment with minimal management responsibilities. The combination of a stable commercial tenant and a separately leased residential unit provides a diversified income stream and significant potential for future appreciation.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Big Daddy's Home ... Restaurant

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Haverstraw
County
Rockland County
State
New York
Longitude
-73.98086
Latitude
41.19794

FAQs

What type of property is this?
Retail property - High-Return Investment Opportunity in Haverstraw
Where is this retail property located?
The property is located at 167 Route 9W Haverstraw, NY.
What is the asking price?
The asking price for this property is $895,000.
More about this property
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