AMAZING OWNER OCCUPIED OR INVESTMENT OPPORTUNITY! In the heart of Stormville is a 2-story mixed-use Ranch style building-(ground floor warehouse, 2nd floor office and 1BR apartment) and an updated 2 BR cottage on four acres total spread over 2 parcels. Amazing location just off NY-52, less than 5mi to I-84. Currently all units are below-market rents, with Pro Forma NOI greater than $75,000. Warehouse/office is on a short-term lease and could vacate within 30 days, which presents an opportunity for a contractor (GC, HVAC, pest control, flooring, etc.) to occupy the entire warehouse and utilize the large gravel lot for outdoor storage. Property...
AMAZING OWNER OCCUPIED OR INVESTMENT OPPORTUNITY! In the heart of Stormville is a 2-story mixed-use Ranch style building-(ground floor warehouse, 2nd floor office and 1BR apartment) and an updated 2 BR cottage on four acres total spread over 2 parcels. Amazing location just off NY-52, less than 5mi to I-84. Currently all units are below-market rents, with Pro Forma NOI greater than $75,000. Warehouse/office is on a short-term lease and could vacate within 30 days, which presents an opportunity for a contractor (GC, HVAC, pest control, flooring, etc.) to occupy the entire warehouse and utilize the large gravel lot for outdoor storage. Property is zoned R-2, and warehouse/storage is a continued permitted use. Whole house generator, updated electric. Separate electric meters and septics for cottage and office/warehouse/apartment.
AMAZING OWNER OCCUPIED OR INVESTMENT OPPORTUNITY! In the heart of Stormville is a 2-story mixed-use Ranch style building-(ground floor warehouse, 2nd floor office and 1BR apartment) and an updated 2 BR cottage on four acres total spread over 2 parcels. Amazing location just off NY-52, less than 5mi to I-84. Currently all units are below-market rents, with Pro Forma NOI greater than $75,000. Warehouse/office is on a short-term lease and could vacate within 30 days, which presents an opportunity for a contractor (GC, HVAC, pest control, flooring, etc.) to occupy the entire warehouse and utilize the large gravel lot for outdoor storage. Property is zoned R-2, and warehouse/storage is a continued permitted use. Whole house generator, updated electric. Separate electric meters and septics for cottage and office/warehouse/apartment.
