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107 Railroad Avenue, Middleburgh, NY 12122
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$449,000
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Home Details for 107 Railroad Avenue
Price
$449,000
Type
Commercial/Industrial
Year Build
1920
Sq. Ft.
2516
Lot Size
0.04
County
Schoharie
Total Rooms
5
Basement
None
Tax
$125,867
MLS®️ Listing#
R1633924
On exitrealty.com
148 days
Property Description
Step into a proven income producing opportunity! This 2,516 sq ft mixed-use building features three revenue generating units with long-term tenants in place. Spacious 2-Bedroom Apartment (1,258 sq ft): Occupied by a reliable long-term tenant who would like to stay. Two Storefronts: Value Village Wine & Liquor – thriving, established wine & liquor store included in the sale with strong community presence for more than 36 years. Business grosses $525K+ annually, with $100K in inventory, POS system, mini split with A/C, security cameras, signage and business name all included for a true turnkey transition with distributors, etc. Pet Groomer – loyal, long-term tenant who would like to stay. With a combined NOI of $69,751 and an impressive 15.53% cap rate, this property offers exceptional returns whether you’re an investor looking to expand your portfolio or an owner-occupant seeking a steady income stream. Located in the heart of Middleburgh, NY, this is a rare opportunity to own both a successful wine & liquor business and a fully leased income property with immediate cash flow. 24 hour notice required.
- Heating Information
- Oil
- Other
- See Remarks
- Steam
- Utilities
- Electricity Connected
- Sewer Connected
- Cooling Information
- Other
- Parking
- None
- Basement
- None
Listing Courtesy: Keller Williams Realty Hudson Valley North - 845-481-2700. Presented by: Pearl Torres "Ruby"
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Fair Housing NoticeLast Updated: 2025-10-10 13:29:12
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