60 Main St Walden, NY 12586-1825

Property Details for 60 Main St

Year built

1900

Lot size

0.03 lot acres

Property size

3,368 SF

Zone code

B3

Property type

Investment properties

Property subtype

Live-work space

APN

334205 306-16-16

APU

3342053061616

Description

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.