10 Wallace St Otisville, NY 10963
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Profitable hardware store & buildings.
Property size:
9,696 SFProperty Features for 10 Wallace St
General Information
- Property type
- Individual retail properties
- Square Feet
- 9,696 SF
- Class
- B
Building Details
- Buildings
- 2
- Stories
- 1
- Units
- 4
Listing Agency: Keller Williams Realty Listing Agent: Joseph Distelburger
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a profitable, established hardware store and accompanying buildings in the thriving village of Otisville, New York. The property encompasses a total of 9,696 square feet, distributed across two buildings. The main store, boasting 7,296 square feet, currently operates as Otisville Hardware, a successful business featuring franchises with True Value, Do it Best, and Benjamin Moore. An adjacent 2,400-square-foot metal-skinned warehouse provides ample storage and expansion potential. The property sits on a 0.231-acre lot and is zoned C-1. A significant advantage is the inclusion of a fully paid-for solar array installed on the roof, valued at $110,000, covering all electrical needs. The asking price for this turnkey operation is $799,000, or $199,750 per unit. Financial details are available upon request. The seller is open to a 1-2 year leaseback to facilitate a smooth transition. Note that inventory and existing franchises are not included in the sale. A separate, income-producing two-family residential property at 5 Wallace Street is available for purchase separately. This presents a rare opportunity for both business ownership and long-term real estate investment in a growing area of Orange County. The property's address is 10 Wallace Street, Otisville, NY 10963. The APN is 334401.104.000-0002-005.200/0000.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
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Courier Service
Otisville True Value ...
Building Supply
Location Insight
- Map
- Local Demand
- City
- Otisville
- County
- Orange
- State
- New York
- Longitude
- -74.5382265
- Latitude
- 41.4740688
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FAQs
What type of property is this?
Individual retail property - Profitable hardware store & buildings.
Where is this individual retail property located?
The property is located at 10 Wallace St Otisville, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Established Otisville Hardware store in thriving village.; Two buildings totaling 9,696 square feet: 7,296 SF main store and 2,400 SF warehouse.; Highly profitable hardware store with True Value, Do it Best, and Benjamin Moore franchises.