42 Orchard St Walden, NY 12586

This income property is in very good condition and benefits from municipal parking located just 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 the attractive Village Square. Currently, a long-established and well-known music school occupies two levels of the building, 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 but separate leased cafe that operates for breakfast and lunch, paying $1500 per month in rent, plus their own utilities. Zoned as B-3, the property offers various options for use. Large municipal parking lots are located next door. This building could be suitable for offices, dental or medical practices, tutorial services, counseling centers, performing arts venues, or a museum. The current school may be willing to rent back the second floor.