20 Welcher Ave, Peekskill, NY 10566-5348

Blue Mountain Plaza, located at 20-40 Welcher Avenue in Peekskill, New York, presents a compelling investment opportunity. This established neighborhood shopping center encompasses 67,493 square feet across four single-story buildings, situated on a 7.02-acre lot. Built in 1959 and renovated in 2017, the property boasts 13 units with 100% occupancy. Key tenants include CVS Pharmacy (with a drive-thru), Apple Farm, and other established businesses. The property is zoned C-1 and features approximately 291 on-site parking spaces. Its strategic location in southern Peekskill serves the surrounding communities of Buchanan, Montrose, Verplanck, and Crugers, providing a strong and stable tenant base. The center benefits from its proximity to a Metro-North train station and local attractions like the Paramount Theatre. The property's long-term tenants, including a grocer anchored since 1959, demonstrate its enduring appeal and consistent performance within the market. This sale presents a rare opportunity to acquire a well-established, fully occupied retail center in a desirable location. The property's Assessed Parcel Number (APN) is 42.8-1-1/2. The sale is offered by the owner.