269 Main St, Highland Falls, NY 10928
For Sale
This exceptional mixed-use property, located at 269-271 Main Street in Highland Falls, NY, presents a compelling investment opportunity. The 11,790 square foot building, constructed in 1950 and extensively renovated in 2023, sits on a 0.35-acre lot and is zoned B-1. Currently housing three credit-rated tenants—Chase Bank, First Command, and Allen's Import Service—this property offers a stable income stream. Allen's Import Service, a well-established vehicle repair business operating for over 35 years, is available for separate purchase. The property benefits from its strategic location, minutes from West Point Gate, the Palisades Parkway, Bear Mountain Bridge, and the New York State Thruway, ensuring high visibility and accessibility. All municipal utilities are connected. The asking price is $995,000. This single-story building offers a blend of office, retail, and vehicle repair spaces, making it a versatile and attractive investment. The modified lease structure provides flexibility, and the multi-tenant occupancy ensures consistent revenue generation. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location with strong tenant occupancy.
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Allen's Import Service Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Highland Falls, NYHighland Falls. 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.