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42 Orchard St Walden, NY 12586

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For Sale
$550,000

Income-generating property with municipal parking and versatile B-3 zoning.

Property Features for 42 Orchard St

General Information

Standard status
Active

Building Details

Year built
1965

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Listing Contact
Mark J Tierney
Mark J Tierney
Source: Corcoran

Listing Agency: HOWARD HANNA RAND REALTY Listing Agent: Mark J Tierney

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

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Overview

Income Property in Village Square

This income property, offered at $54 per square foot, is in very good condition and benefits from municipal parking located 100 feet away. The property generates income from two rents, with tenants responsible for their own utilities. It is a well-maintained centerpiece facility situated in Village Square. Currently, it houses a long-established music school on two levels, located across from the Village Hall. The first floor features a sprawling lobby that leads to 10 instruction rooms and a half bath. The second level includes a 65-seat performance area, a mini-cafe, two powder rooms, and seven larger instruction rooms. The building is equipped with two separate furnaces. Additionally, there is an attached, separately leased cafe that pays $1500 per month in rent, plus their own utilities. Zoned B-3, the property offers various options for use, including offices, dental or medical facilities, tutorial centers, counseling services, performing arts venues, or a museum. The school may be willing to rent back the second floor. Large municipal parking lots are located next door.
Location Intelligence

Current Use by Public Records

New York School ... Vocational School

Suggested Use

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

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

Location Insight

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City
Walden
County
Orange
State
New York
Longitude
-74.1894372
Latitude
41.5600418

FAQs

What type of property is this?
School - Income-generating property with municipal parking and versatile B-3 zoning.
Where is this school located?
The property is located at 42 Orchard St Walden, NY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: - Income property generating 2 rents with tenants paying utilities.; - **Attached, leased cafe provides $1500/month income.**; - Large municipal parking lots are located next door.
More about this property
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