Introducing a unique investment opportunity in the heart of Chatham! This historic three-story brick building, formerly home to Brown's Shoe Store, features two vibrant commercial storefronts and four fully occupied apartments. Nestled on Main Street, the property benefits from high foot traffic and a diverse range of established businesses, enhancing its appeal to tenants and visitors alike. Currently generating 129,600 in annual rents, the building has a strong financial profile with tenants responsible for all utilities. With a CAP rate exceeding 9 points based on current rents, this well-maintained asset offers an attractive return on investment....
Introducing a unique investment opportunity in the heart of Chatham! This historic three-story brick building, formerly home to Brown's Shoe Store, features two vibrant commercial storefronts and four fully occupied apartments. Nestled on Main Street, the property benefits from high foot traffic and a diverse range of established businesses, enhancing its appeal to tenants and visitors alike. Currently generating 129,600 in annual rents, the building has a strong financial profile with tenants responsible for all utilities. With a CAP rate exceeding 9 points based on current rents, this well-maintained asset offers an attractive return on investment. Don't miss the chance to add this prime commercial property to your portfolio!
Introducing a unique investment opportunity in the heart of Chatham! This historic three-story brick building, formerly home to Brown's Shoe Store, features two vibrant commercial storefronts and four fully occupied apartments. Nestled on Main Street, the property benefits from high foot traffic and a diverse range of established businesses, enhancing its appeal to tenants and visitors alike. Currently generating 129,600 in annual rents, the building has a strong financial profile with tenants responsible for all utilities. With a CAP rate exceeding 9 points based on current rents, this well-maintained asset offers an attractive return on investment. Don't miss the chance to add this prime commercial property to your portfolio!
The data relating to real estate for sale on this web site comes in part from the Columbia Greene Northern Dutchess MLS. Listing information provided by IDX information is provided exclusively for consumers' personal, non-commercial user, and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Listing Courtesy of Melissa Cox of Keller Williams Realty HV Nort.
The data relating to real estate for sale on this web site comes in part from the Columbia Greene Northern Dutchess MLS. Listing information provided by IDX information is provided exclusively for consumers' personal, non-commercial user, and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Listing Courtesy of Melissa Cox of Keller Williams Realty HV Nort. 
