60 Main St, Walden, NY 12586-1825
This exceptional mixed-use property at 60 Main St, Walden, NY, presents a compelling investment opportunity. The 4,356 square foot building sits on a 0.03-acre lot in the heart of Walden, offering immediate access to local amenities and high foot traffic. The property currently features a ground-floor retail space, ideal for a variety of businesses, and a spacious four-bedroom residential unit on the upper level. This configuration provides immediate income potential through both retail and residential rental streams. However, the property also offers significant upside potential. The residential space could be easily converted into two separate rental units, pending necessary town approvals, significantly increasing rental income and return on investment. This conversion would cater to the growing demand for smaller, more affordable housing options in the area. The building's central location and versatile layout make it an attractive proposition for both established businesses seeking a new storefront and investors looking for a strong, diversified income stream. The property is priced competitively at $239,000, representing a significant value in the current market. This is a rare opportunity to acquire a well-situated mixed-use property with substantial potential for growth and profitability. Serious inquiries are encouraged.
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
B3 · Walden, NYWalden. 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.