Description
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.
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3BEDS
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3ACRES
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2BATHS
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01/2 BATHS
School Information
Description
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.
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