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    269 Main St Highland Falls, NY 10928

    Sponsored
    For Sale
    $995,000

    Prime location, strong tenants, high ROI

    Property size:
    11,790 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property, located at 269-271 Main Street in Highland Falls, NY, presents a compelling investment opportunity. The 11,790 square foot building, constructed in 1950 and extensively renovated in 2023, sits on a 0.35-acre lot and is zoned B-1. Currently housing three credit-rated tenants—Chase Bank, First Command, and Allen's Import Service—this property offers a stable income stream. Allen's Import Service, a well-established vehicle repair business operating for over 35 years, is available for separate purchase. The property benefits from its strategic location, minutes from West Point Gate, the Palisades Parkway, Bear Mountain Bridge, and the New York State Thruway, ensuring high visibility and accessibility. All municipal utilities are connected. The asking price is $995,000. This single-story building offers a blend of office, retail, and vehicle repair spaces, making it a versatile and attractive investment. The modified lease structure provides flexibility, and the multi-tenant occupancy ensures consistent revenue generation. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location with strong tenant occupancy.

    Property Features for 269 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    11,790 SF
    Lot Size
    15,246 SF

    Building Details

    Year Built/Renovated
    1950/2023
    Buildings
    1
    Stories
    1

    HighLights

    • $995,000 asking price for this mixed‑use property.
    • 11,790 square feet on a 0.35‑acre lot in Highland Falls, NY.
    • Three credit‑rated tenants with a modified lease structure.
    • The property includes office, retail, and vehicle repair spaces.
    • Recently renovated in 2023, with a 1950 construction date.
    • Located near West Point, Palisades Parkway, Bear Mountain Bridge, and the NYS Thruway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Allen's Import Service Auto Repair Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Nail Salon Food Market Gym & Fitness Grocery Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Highland Falls
    County
    Orange
    State
    New York
    Longitude
    -73.965732486082
    Latitude
    41.36986272493

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, strong tenants, high ROI
    Where is this mixed-use property located?
    The property is located at 269 Main St Highland Falls, NY.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: $995,000 asking price for this mixed-use property.; 11,790 square feet on a 0.35-acre lot in Highland Falls, NY.; Three credit-rated tenants with a modified lease structure.
    (845) 562-4835
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    269 Main St Highland Falls, NY 10928
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    269 Main St Highland Falls, NY 10928
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