466 Ashford Ave, Ardsley, NY 10502-2148

This fee-simple, two-story retail storefront at 466 Ashford Avenue in Ardsley, NY, offers a compelling investment opportunity. The 3,200 square foot building, constructed in 1927, sits on a 0.07-acre lot and boasts a strategic location at the signalized intersection of Ashford Avenue and Saw Mill River Road (NY Route 9A), within Ardsley's thriving commercial district. Currently 46% occupied, the property features two units: a 1,350 square foot ground floor space leased to a popular nail salon with a built-in 3% annual rent increase, and a 1,600 square foot vacant second floor offering significant lease-up potential. The building also includes a 1,350 square foot basement and recently completed renovations, including a rear deck improvement, new siding and windows. The property benefits from high daily traffic counts (approximately 30,400 vehicles at the adjacent intersection and visibility from I-87, with over 98,000 vehicles daily), a strong demographic profile (78,400 people within 3 miles, average household income $247,933), and convenient access to public transportation, including five bus lines and proximity to Metro North train stations. This property presents a rare chance to acquire a well-located retail building with substantial upside potential in a desirable Westchester County location. The first floor also includes 100 square feet of common area and a 150 square foot kitchen. The asking price is $705,250.