For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Building with Established Business Title is generated by Realmo AI

    107 Railroad Ave, Middleburgh, NY 12122

    View on Map
    Claim this Listing
    For Sale
    $419,000

    Income-producing property with apartment and two storefronts in Middleburgh, NY.

    Type:Commercial
    Property size:
    2,516 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $166/SF
    Added:
    Mar 11, 2026
    Days on Market:
    118
    Last Refresh:
    Jul 2 at 10:55 pm

    Property Features for 107 Railroad Ave

    General Information

    Standard status
    Active
    Size
    2,516 SF
    Lot size
    0.04 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1920

    We can help!

    Contact an agent
    Pearl Torres
    Pearl Torres "Ruby"

    Listing office KELLER WILLIAMS REALTY HUDSON VALLEY NORTH

    Listing date Mar 11, 2026

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY HUDSON VALLEY NORTH

    HighLights

    • High 15.53% Cap Rate & $69,751 NOI: Exceptional return on investment with immediate cash flow.
    • Turnkey Wine & Liquor Business Included: Established business (Value Village Wine & Liquor) with $525K+ annual gross, $100K inventory, POS, A/C, security, and name included.
    • Three Revenue‑Generating Units: Mixed‑use building with a 2‑bedroom apartment and two storefronts, all currently leased.
    • Long‑Term Tenants in Place: Reliable tenants in the apartment and pet groomer storefront, providing stable income.
    • Spacious 2‑Bedroom Apartment: 1,258 sq ft apartment with a long‑term tenant who wishes to remain.
    • Prime Location in Middleburgh, NY: Located in the heart of Middleburgh, offering a strong community presence.

    Overview

    This 2,516 sq ft mixed-use building offers a proven income-producing opportunity, featuring three revenue-generating units with long-term tenants. The property includes a spacious 1,258 sq ft 2-bedroom apartment occupied by a long-term tenant. Additionally, there are two storefronts. One storefront houses Value Village Wine & Liquor, a thriving and established business included in the sale. This wine and liquor store has maintained a strong community presence for over 36 years and grosses over $525,000 annually. The sale includes $100,000 in inventory, a POS system, mini split with A/C, security cameras, signage, and the business name, offering a turnkey transition with distributors. The other storefront is occupied by a loyal, long-term pet groomer. With a combined NOI of $69,751 and a 15.53% cap rate, this property presents exceptional returns for investors or owner-occupants seeking a steady income stream. Located in Middleburgh, NY, this property offers the rare opportunity to own a successful wine & liquor business and a fully leased income property with immediate cash flow.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $46.8k $18.60
    − Vacancy −$3.4k −$1.34
    EGI $43.4k $17.26
    − OpEx −$13.0k −$5.18
    NOI $30.4k $12.08
    2,516 SF · lease $18.60/SF/yr · vacancy 7.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $434.3K
    $380.0K – $506.7K (±1% cap)
    NOI $30,400 @ 7.0% cap · market cap 7.26%
    Second Best
    Mixed Use
    $423.6K
    $370.7K – $494.2K (±1% cap)
    NOI $29,654 @ 7.0% cap · market cap 7.08%
    Theoretical Best
    Office A
    $663.8K
    $580.8K – $774.4K (±1% cap)
    NOI $46,465 @ 7.0% cap · market cap 11.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Building Supply Big Box & Wholesale Store Real Estate Agency Auto Parts Store Nail Salon Food Market HVAC Service Accounting Firm Grocery & Convenience Store Electronics & Wireless Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Middleburgh
    County
    Schoharie
    State
    New York
    Longitude
    -74.3385
    Latitude
    42.5337

    FAQs

    What type of property is this?
    Mixed-use property - Income-producing property with apartment and two storefronts in Middleburgh, NY.
    Where is this mixed-use property located?
    The property is located at 107 Railroad Ave Middleburgh, NY.
    What is the asking price?
    The asking price for this property is $419,000.
    What are key features of this property?
    This property features: High 15.53% Cap Rate & $69,751 NOI: Exceptional return on investment with immediate cash flow.; Turnkey Wine & Liquor Business Included: Established business (Value Village Wine & Liquor) with $525K+ annual gross, $100K inventory, POS, A/C, security, and name included.; Three Revenue‑Generating Units: Mixed‑use building with a 2‑bedroom apartment and two storefronts, all currently leased.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message