Property summary
This exceptional commercial property, located on State Highway 7 in Maryland, NY, presents a unique investment opportunity. Boasting 2,650 square feet on a 0.16-acre lot, the building offers three distinct units, ensuring diverse income streams. A key advantage is the existing lease with the United States Postal Service (USPS), providing immediate and consistent rental income. Ample parking is available for tenants and customers. The ground floor offers versatile space ideal for conversion into a residential apartment or retail storefront, depending on the buyer's vision. Upstairs, a substantial unit features a large room, a full kitchen, a bathroom, and a former grand hall, perfect for a variety of uses, from office space to residential conversion. The property's strategic location in Schenevus, with its close proximity to Oneonta and convenient access to I-88, ensures high visibility and accessibility. This affordable commercial space offers endless possibilities for entrepreneurs and investors seeking a strong return on investment. The combination of a stable USPS tenant and the potential for additional income streams makes this a truly compelling opportunity. The property is priced at $89,900.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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