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107 Railroad Ave Middleburgh, NY 12122

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For Sale
$449,000

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

Lot size:
0.04 Acres

Property Features for 107 Railroad Ave

General Information

Property type
Commercial
Standard status
Active
Lot size
0.04 Acres

Building Details

Year built
1920

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Listing Contact
Pearl Ruby Torres
Pearl Ruby Torres
Source: Elliman

Listing Agency: Keller Williams Realty Hudson Valley North Listing Agent: Pearl Ruby Torres

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

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Overview

Mixed-Use Building with Established Business

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.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

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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 $449,000.
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
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