29-31 Main St, Warwick, NY 10990
sale
$2,987,500
|
Retail
Listed By CENTURY 21 Ed & Margaret Williams Realty
Motivated seller! Bring all offers! Rare investment opportunity in the heart of the Village of Warwick. FULLY OCCUPIED/RENOVATED with long term/leased established business-tenants with many years left on leases. TURN KEY. NO/ZERO MAINTENANCE REQUIRED. 2 completely brand new storefronts (trim/glass/paint/doors!) and entirely gutted BOTH stores to the studs w/all brand new mechanicals & new basements in EACH. All new 3 floors of rear deck railings, and repairs/improvements Brand new glass ceiling atrium. Entirely new re surfaced roof. 3 full floors of common area reno & flooring. Gutted 3/6 apts to the studs. All new leases. Located on a busy intersection with metered and a public parking lot in the vibrant community of Warwick, NY. Across the street is the Railroad Green Park which hosts summer concerts, Applefest, and art festivals. The Town of Warwick is a "go to" place with shops, restaurants, cafes, lounges, wineries, bed 'n' breakfasts, galleries and an award winning library
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Property Features
- Age: Over 50 Years Old
- Basement: None
- Cooling: Central A/C
- Cross Docks: N
- Expenses: 28592.00
- Exterior Description: Brick
- For Auction: N
- Gross Income: 228192.00
- Heating - Fuel Type: Gas
- Heating Type: Baseboard
- Level Number: 3
- Lot Description: Level
- Lot Description: Corner
- Lot Size Desc: Under 1/2 Acre
- MLSID: 6286870
- Net Operating Income: 199600.00
- Price Upon Request: N
- Sewer: City
- Style: Other Style
- Sublease: N
- Tax Year: 2023
- Taxes: $22285.00
- Water: Municipal Water
- Year Built: 1900
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