Property summary
This exceptional mixed-use property at 2567 Route 55, Poughquag, NY, presents a unique investment opportunity. The 2,150 square foot building sits on a level 1.1-acre lot and boasts three distinct units, each with its own private entrance and utilities. Two ground-floor commercial spaces offer flexibility for a variety of businesses, while a spacious two-bedroom apartment on the second floor provides additional income potential or owner-occupied housing. The property's location on Route 55 ensures high visibility and traffic, making it ideal for retail, office space, or personal services. Ample parking is currently available, with room for expansion on the expansive lot. The existing floor plan allows for customization and adaptation to suit specific business needs. This property is perfect for entrepreneurs seeking to establish their business while simultaneously generating rental income. The ease of access and high-traffic location make this a truly compelling investment opportunity in a desirable area. The property's versatility and potential for future development make it an attractive option for both short-term and long-term growth. Don't miss this chance to own a thriving commercial and residential property in a prime location. The asking price is $569,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
TC · Poughquag, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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