35 Main Street, Chatham, NY 12037
sale
$1,200,000
|
Other
Courtesy Of Keller Williams Realty Hudson Valley North
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!
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Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Heating System: Forced Air
- Heating System: Propane (Heating)
- MLSID: 20261518
- Rooms: Bathroom 6
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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