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Mixed-Use Building with Established Business

107 Railroad Ave Middleburgh, NY 12122

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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:
124
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

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


Investment Insights

Based on property information with market context.

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.

Key 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.

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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply Parking Lot & Garage HVAC Service Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Grocery & Convenience Store Real Estate Agency (Bike/Boat/Book/etc) Store Nail Salon

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

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.
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