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Michelle Thompson

saratogaunion@aol.com +1(315) 794-3260

$ 419,000

Est. payment -/mo

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Price Dropped by $10K

107 Railroad AVE Middleburgh, NY 12122

2,516 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,516 sqft

Price per Sqft $166

MLS Listing ID R1633924

Construction Status Existing

HOA Y/N No

Year Built 1920

Annual Tax Amount $125,867

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 33X56

Property Sub-Type Business

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.

Location

State NY

County Schoharie

Area Middleburgh-Village-433801

Zoning C

Direction Route 145 to Main St to Well Ave, Left on Grove turns into Railroad #107 on right. Do not bother employees, all questions to agent.

Rooms

Basement None

Interior

Heating Oil, Other, See Remarks, Steam

Cooling Other, See Remarks

Flooring Concrete, Hardwood, Linoleum, Varies, Vinyl, Carpet

Inclusions Equipment, Inventory, Land, Building and Business

Fireplace No

Exterior

Utilities Available Electricity Connected, Sewer Connected

Roof Type Metal

Building

Lot Description Rectangular, Rectangular Lot

Building Description Frame, Office,Other,Roof Sign,See Remarks

Story 2

Sewer Public Sewer

Level or Stories Two

Structure Type Frame

Construction Status Existing

Schools

School District Middleburgh

Others

Tax ID 433801-106-015-0004-005-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Keller Williams Realty Hudson Valley North

NEARBY SCHOOLS & PROPERTIES

Michelle Thompson

Lic. RE Salesperson | License ID: 40FA1156159

+1(315) 794-3260

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Michelle Thompson

107 Railroad AVE Middleburgh, NY 12122

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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107 Railroad AVE