141 Pike St Port Jervis, NY 12771

Property Details for 141 Pike St

Year built

1920

Lot size

0.10 lot acres

Property size

2,291 SF

Zone code

CBD

Property type

Investment properties

Property subtype

Live-work space

APN

331300 13-1-15

APU

33130013115

Description

This mixed-use building at 141 Pike Street in Port Jervis, New York, presents a compelling investment opportunity. The 3,371 square foot property, built in 1920, is a two-story, freestanding structure situated on a 0.09-acre lot in the CBD zoning district. Currently configured as a medical office on the first floor and a three-bedroom residential unit on the second, it offers significant flexibility. The first floor, previously owner-occupied, will be delivered vacant at closing, providing immediate adaptability for a new owner-user or investor. The second floor residential unit, previously used for short-term rentals, adds to the property's income potential. The building's location in downtown Port Jervis, near the Metro North Train Station, provides convenient access to transportation and benefits from the area's growing arts and culinary scene. With two units and a total of three bedrooms, this property offers a unique blend of commercial and residential space, ideal for a variety of uses. The asking price is $275,000, translating to $81.58 per square foot. This represents a strong value proposition in a vibrant and developing community. The property is zoned for mixed-use, allowing for a wide range of potential business ventures. This is a rare opportunity to acquire a versatile, well-located property in a thriving market.