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Retail Grocery Store with Apartments
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4 Western Ave, Marlboro, NY 12542

Turnkey market and deli with three rented apartments and prominent visibility on Route 9W.

Days on Market8

Property Features for 4 Western Ave

General Information

Standard status Active
Property subtype RETAIL

Site & Location

Traffic Count 16,000 vehicles/day
Road Access Yes

Additional Details

Business Included Yes
Multifamily Units 3

Building Details

Year Built 2005
Listing Agency: Century 21 - Alliance Realty Group | Wappingers Falls
Listed By: John DeMarco · License #NY.10301216451
Source: Moodyscre
Added: Jul 24 Changed: Jul 27 Last Checked: Jul 30 at 10:36AM

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 Century 21 - Alliance Realty Group | Wappingers Falls

Investment Insights

Based on property information with market context.

A turnkey grocery and deli property operating as Franks Village Market & Deli, established in 1985, with a building constructed in 2005. The space includes modern, well-maintained equipment and is offered as-is, including both the business and the real estate.

The property features three on-site apartments that are fully rented, including two 2-bedroom units and one 1-bedroom unit. It also benefits from prominent visibility on busy Route 9W, with approximately 16,000 vehicles per day passing by, along with excellent accessibility from the center of the hamlet.

While currently configured for a market and deli, the space is described as flexible and could be repurposed as a cafe or restaurant or converted to office or retail use. Financials are available for review by serious, pre-qualified buyers, and owner financing may be available with the option for creative deal structures.

Key Highlights

  • Franks Village Market & Deli established in 1985; current building constructed in 2005
  • Includes 3 on‑site apartments—all fully rented with a consistent history of zero vacancy
  • Apartment mix: two 2‑bedroom apartments and one 1‑bedroom apartment

Property Analytics

Current Use

Frank’s Village Market ... Food Market

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Auto Parts Store Nail Salon Hair Salon

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

3
Residential units
16,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby
Balanced
Demand for This Use

Demographics for 12542, NY

5,726
Population
2,459
Households
2.3
Avg Household Size
43
Median Age
42%
College-Educated
95%
High-School Grad
14.4 sq mi
ZIP Area
398
Density / Sq Mi
$123,517
Median Household Income
$62,375
Median Earnings
$1,833
Median Rent
$356,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Turnkey market and deli with three rented apartments and prominent visibility on Route 9W.
Where is this grocery and convenience store located?
The property is located at 4 Western Ave Marlboro, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Franks Village Market & Deli established in 1985; current building constructed in 2005; Includes 3 on‑site apartments—all fully rented with a consistent history of zero vacancy; Apartment mix: two 2‑bedroom apartments and one 1‑bedroom apartment
(845) 206-3667 Call to check price and availability
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