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1306 State Route 17ABellvale, NY 10990

Orange County

$975,000List price
3,212Sq Ft
1930Year built
0.50Acre lot
14 months agoOn market

Description

This is a rare opportunity to acquire a unique commercial and residential compound offering a versatile live/work location on a state highway, perfectly positioned between the scenic Mount Peter Ski Area and the vibrant Village of Greenwood Lake with high visibility. Situated in the highly sought-after Town of Warwick, this offering is more than just real estate; it's a lifestyle, a business, and a multi-income-producing asset all in one. The centerpiece of this property is a well maintained commercial building currently housing a fully equipped woodworking shop and a light-filled gallery. The shop provides the ideal space for artisans, crafters, or a manufacturing business, while the gallery offers a unique storefront to showcase and sell creations, or to be repurposed for retail, office, or studio space. The high visibility and easy access from the state highway with plenty of parking in the front and rear of the building provides an invaluable advantage for any business. Adding to the property's immense value are three distinct residential units currently rented and providing significant rental income. A charming two-family home offers versatile living arrangements. A one bedroom, one bath downstairs and a two bedroom, two bath upstairs offers you a chance to live in one unit and rent the other, or capitalize on the strong local rental market by leasing both. The units feature separate entrances and utilities, ensuring privacy and ease of management. Separately located on the same parcel is a cozy rustic log cabin with a private one-bedroom apartment providing another unique and desirable living space. Perfect for a short-term rental, a long-term tenant, or a private retreat for the owner. All buildings have been totally renovated with new windows, high efficiency furnaces, insulation, siding and updated electric. The strategic location of this property is a true standout. Enjoy the best of both worlds with a rural feel and easy access to key attractions and amenities with the Mount Peter Ski Area just a short five minute drive away., This popular ski area draws visitors each winter, providing a steady flow of potential customers and tenants. The charming Village of Greenwood Lake offers a variety of dining, shopping, and recreational activities on and around the lake. Another 15 minute drive you will find the Historic Village of Warwick, a destination in its self, with its eclectic mix of shops and restaurants and the famous Applefest which brings in thousand of visitors every fall. You’ll also find local farmers markets, concerts, wineries and breweries as well. This is a one-of-a-kind opportunity to own a property that combines a thriving business location with multiple residential income streams in a highly desirable and scenic area. Whether you're an entrepreneur looking for the perfect live/work setup, an investor seeking a multi-faceted asset, or an artist ready to bring your vision to life, this property is the canvas you've been waiting for.

Property Information

Property type
Commercial Sale
Sub-type
Mixed Use
Year built
1930
Building area
3,212 Sq Ft
Lot size
0.50 acres
Days on market
441
MLS® Listing#
904997

Property Features

Appliances
Electric Oven · Electric Range · Electric Water Heater · Refrigerator
Cooling
None
Heating
Forced Air
Flooring
Combination
Parking
Driveway · Off Street · Parking Lot
Lot features
Level
Construction
Frame · HardiPlank Type · Log · Wood Siding
Other structures
Residence
Utilities
Cable Connected · Electricity Connected · Propane
Sewer
Septic Tank
Water source
Private · Well

Financial Details

Annual taxes
$8,115
Parcel number
335489-066-000-0001-066.200-0000

Directions

Route 17a between Mount Peter Ski Area and Village of Greenwood Lake

Listing Courtesy: BHG Real Estate Green Team - 8452089928

Presented by: Walter R Ross

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