1998 State Rte 22b, Morrisonville, NY 12962-3625
This exceptional turnkey opportunity presents a well-established family-owned convenience store and deli located at 1998 State Route 22b in Morrisonville, New York. The freestanding building encompasses 1,820 square feet and sits on a 0.44-acre lot. This thriving neighborhood business is offered at $460,000 and includes all fixtures, equipment, coolers, and a deli case, ensuring a seamless transition for the new owner. The current owners have cultivated a highly successful operation, consistently generating a net operating income exceeding $100,000 annually. This demonstrates a strong and stable revenue stream, making it an attractive investment for those seeking a profitable and established business venture. The property's prime location in Morrisonville provides excellent visibility and accessibility, contributing to its consistent success. All aspects of the business are included in the sale, allowing for immediate operation with minimal setup required. This is a rare opportunity to acquire a profitable, established business with a proven track record of success in a desirable location. The substantial net operating income provides a strong return on investment, making this a compelling opportunity for experienced business owners or investors seeking a turnkey operation. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
R-2 · Morrisonville, NYMorrisonville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.