1461 Ny-22, Wingdale, NY 12594
This exceptional commercial property in Wingdale, NY, presents a unique investment opportunity. Located at 1461 NY-22, this 3,690 square foot building sits on a 0.22-acre lot zoned HC (Highway Commercial), enjoying high visibility with an average daily traffic count of 9,770 vehicles. The property includes a thriving deli and convenience store, operating successfully for over 50 years, serving breakfast, lunch, and dinner. The menu features a variety of options, including burgers, wraps, hot and cold sandwiches, heroes, snacks, candy, and a wide selection of beverages, including alcoholic options. The deli also boasts a full kitchen equipped with a grill and fryer and operates as a New York State Lottery retailer. Adding to the investment potential, the building features two 1,000 square foot apartments on the upper level, currently 100% occupied, generating additional income streams. The property is offered at $425,000, with a price per square foot of $115.18, under a net lease agreement. This turnkey operation offers a compelling blend of established business and rental income, making it an attractive proposition for discerning investors. The property's location on a busy state highway ensures consistent customer traffic and strong potential for future growth. This is a rare opportunity to acquire a well-established, profitable business with significant upside potential. The property is located in Dutchess County, NY, zip code 12594.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.