358 Broad Street, Waverly, NY 14892
sale
$1,399,500
|
Retail
Courtesy Of Yaman Real Estate
Prime mixed-use investment in the heart of Waverly, New York. Fully occupied, income-producing property featuring a popular Mexican restaurant, a spacious owner-operated antique store, and three residential apartments. Current monthly rental income includes two apartments at 2200 each, one at 1500, and the restaurant at 2500, totaling eighty-four hundred dollars per month or one hundred thousand eight hundred annually before any income from the antique business. Significant renovations completed through a revitalization project with approximately one million dollars invested. The second floor above the antique store offers value-add potential for additional apartments subject to approvals. Sale includes Teaoga Development LLC, with corporate documents and entities conveyed to the new owner, potentially allowing exploration of historic tax credit opportunities. High-visibility location, strong rental base, and room for growth- a rare find in downtown Waverly.
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Property Features
- Age: Over 50 Years Old
- Exterior Type: Brick Veneer
- MLSID: 336979
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