425 Lk Ave Saint James, NY 11780-2207

This exceptional mixed-use storefront property at 425 Lake Ave, Saint James, NY, presents a compelling investment opportunity. The 1,733 square foot building, constructed in 1910, sits on a 0.25-acre lot and boasts a strong net operating income (NOI) of $34,368. Currently configured as three units, the property offers significant potential for expansion, given its Central Business (CB) zoning and access from both Lake Avenue and First Avenue. Ample parking is available with approximately 20 spaces. The building is currently heated by oil, but features existing gas lines, simplifying a potential conversion. Its prime location in the heart of Saint James provides high retail visibility, placing it within easy reach of the train station, parks, shops, and restaurants. Seller financing is available, making this a truly attractive proposition for savvy investors seeking a value-add opportunity in a thriving New York community. The property's 11780 zip code ensures convenient access to major transportation routes and amenities. This is a rare chance to acquire a well-situated, income-producing asset with considerable upside potential.