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    OFF-MARKET
    Retail properties & Spaces

    29-31 Main St, Warwick, NY 10990

    11000 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fully occupied, renovated retail property situated on a prominent 11,000-acre lot at 29-31 Main St, Warwick, NY 10990. The property boasts two completely renovated storefronts, each featuring brand new mechanicals, basements, trim, glass, paint, and doors. Extensive renovations include a new glass ceiling atrium, a resurfaced roof, and three full floors of renovated common areas with new flooring. Six apartments have also undergone complete renovations, down to the studs. All tenants are under long-term leases, ensuring a stable income stream and minimal maintenance requirements for the new owner. This turnkey investment is located on a busy intersection with convenient access to metered and public parking. The property's prime location across from Railroad Green Park, a vibrant hub for community events like summer concerts, Applefest, and art festivals, further enhances its appeal. Warwick itself is a thriving community offering a diverse range of shops, restaurants, cafes, wineries, and other attractions. This is a rare chance to acquire a high-performing, low-maintenance retail property in a desirable New York location. The asking price is $2,987,500.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 11000 ac (479,160,000 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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