222 River St, Warrensburg, NY 12885

This exceptional multi-use property, located at 222 River St in Warrensburg, NY, presents a unique investment opportunity. The 2,909 square foot building, constructed in 1960, sits on a prime location along the Schroon River and is zoned for commercial use. Currently operating as a combination bar, convenience store, and restaurant, the property boasts a 50% occupancy rate and generates a substantial monthly rental income of $3,000 from second-floor apartments. The asking price is $320,000, translating to $110 per square foot. The property features a gross lease and consists of a single, two-story building. Its versatile nature allows for a variety of uses, including continuing operation as a tavern and restaurant, or repurposing as a deli or bait shop, capitalizing on the riverfront location and high foot traffic. The property is situated in Warren County, NY, with a zip code of 12885. This is a rare chance to acquire a well-established business with significant income potential and the flexibility to adapt to future market demands. The property's strong location and diverse income streams make it an attractive investment for both seasoned and new investors. The building is in need of some updating and improvements.