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$ 475,000
Est. payment | /mo
1.09 Acres Lot
$ 475,000
Est. payment | /mo
1.09 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 879095
Rental Info No
Year Built 1890
Annual Tax Amount $17,679
Lot Size 1.090 Acres
Acres 1.09
Property Sub-Type Mixed Use
Source onekey2
Property Description
This is a golden investment opportunity! This unique mixed-use property in Garrison features a grandfathered retail/food services space on a residentially zoned lot. The residential portion also generates rental income. The current business and equipment occupying the retail space is not included in the sale. The residential rental operates on a month-to-month lease. The retail tenant covers 70% of the oil costs, with the landlord covering the remaining 30%. Other utilities are separately metered. Current rental income is $2,500 for the retail space and $2,400 for the residential unit. Additionally, the sale includes an adjacent vacant residential lot. Although the lot is currently not considered buildable, there may be potential to redraw property lines with the adjacent property to meet buildable lot requirements. Tax info includes both lots. Additional Information: Heating Fuel Oil Above Ground.
Location
State NY
County Putnam County
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected, Propane, Water Connected
Building
Lot Description See Remarks
Story 2
Sewer Septic Tank
Water Well
Structure Type Frame
Others
Special Listing Condition None
Listed by Coldwell Banker Realty