290 Main StSpring Valley, NY 10977

For Sale
$7,000,000

High-yield retail investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
96
This exceptional retail property, located at 290 N Main St in Spring Valley, NY, presents a compelling investment opportunity. The property boasts a total of 5,994 square feet across four units within a single building, situated on a 0.38-acre lot. The asking price is $7,000,000, translating to a price per square foot of $1,167.83 and a strong 7.00% capitalization rate. The property is zoned CS, offering flexibility for a variety of retail uses. The property's address is 290 N Main St, Spring Valley, NY 10977, and its location within Rockland County provides excellent access to a thriving community. The property's APN is 392689-050-014-0004-036-000-0000. This is an ideal investment for those seeking a high-return retail property in a desirable location. The strong cap rate and established tenant base make this a low-risk, high-reward opportunity. The property's size and zoning provide ample potential for future growth and expansion. Serious inquiries are encouraged to explore this lucrative investment further. Detailed financial information and property specifics are available upon request.

Highlights

  • $7,000,000 asking price.
  • 5,994 square foot retail property.
  • $1,167.83 price per square foot.
  • 7.00% cap rate.
  • Four units in one building.
  • CS zoning.

Property Details for 290 Main St

Property type
Other retail properties, Retail properties
Square Feet
5,994 SF
Buildings
1
Lot Size (sq. ft)
16,553 SF
Units
4

Location Insight

City
Spring Valley
County
Rockland
State
New York
Latitude
41.1266957
Longitude
-74.0409505
290 Main St, Spring Valley, New York
Leaflet | © OpenStreetMap contributors

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290 Main St
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