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Regulated Community Water Utility
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38 Wood St, Mahopac, NY 10541

Private, state-regulated water company serving 144 homes, with a reconstructed pump house and standby generator.

Property SizeContact for details
Days on Market143

Property Features for 38 Wood St

General Information

Standard status Active
Property subtype Industrial

Additional Details

Business Included Yes

Building Details

Year Renovated 2004
Listing Agency: J.Philip Commercial Group LLC
Listed By: Jennifer Maher · License #NY RES.0809552
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 9:01PM

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 J.Philip Commercial Group LLC

Investment Insights

Based on property information with market context.

This is a privately operated but state-regulated community water company that supplies water to 144 homes in Putnam County, New York. The company is regulated by the New York State Public Service Commission, which sets the framework for ensuring eligible expenses are covered by ratepayers. The business also maintains escrow funds for higher-than-normal expenses and has an additional escrow fund funded for future expansion.

The pump house and its equipment were reconstructed in 2004. A standby electric generator automatically takes over in the event of a power outage. The current owner will train the buyer, and the business is described as requiring very little time to manage, with the owner hiring the necessary professionals to support smooth equipment operation.

The property is offered for sale at 38 Wood St, Mahopac, NY 10541.

Key Highlights

  • Community water company in Putnam County, NY serving 144 homes
  • State Public Service Commission regulates the company and expenses are covered by ratepayers
  • Pump house and equipment reconstructed in 2004

Property Analytics

Current Use

Rainbow Water Co Water Utility Company

Suggested Use

Top Pick Real Estate Agency Hair Salon Restaurant Building Supply Dental Office HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 10541, NY

25,651
Population
9,614
Households
2.7
Avg Household Size
43
Median Age
43%
College-Educated
93%
High-School Grad
24.8 sq mi
ZIP Area
1,034
Density / Sq Mi
$133,929
Median Household Income
$58,450
Median Earnings
$1,967
Median Rent
$472,600
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - Private, state-regulated water company serving 144 homes, with a reconstructed pump house and standby generator.
Where is this specialty property located?
The property is located at 38 Wood St Mahopac, NY.
What are key features of this property?
This property features: Community water company in Putnam County, NY serving 144 homes; State Public Service Commission regulates the company and expenses are covered by ratepayers; Pump house and equipment reconstructed in 2004
More about this property
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