Description
Prime investment opportunity in a high-traffic location! This versatile 6,000+ square foot mixed-use property offers incredible potential for both immediate income and long-term growth. The spacious ground-floor storefront, previously leased as a smoke shop for $2,000/month, is currently vacant and well-suited for a variety of retail or commercial uses. The second floor features two fully renovated apartmentsone 3-bedroom and one 2-bedroomeach updated with new kitchens, modern bathrooms, and new flooring throughout. Both units are independently metered, equipped with new hot water tanks and furnaces, and have dedicated laundry rooms, making them highly desirable to tenants and easy to maintain. Currently, both apartments are leased at $1,400/month, providing steady rental income. The property also includes a large back space with excellent potential for conversion into rentable areas, such as office space, a spa, or additional retail. An attached garage with separate bays offers added income opportunities through parking or storage. Located on a high-visibility street within a desirable school district, this property is ideally positioned for long-term success. With multiple income streams, motivated sellers, and room for future growth, this is an outstanding opportunity for investors seeking solid returns. Don't miss out on this excellent investment opportunity!
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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6,012SQFT
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$75$/SQFT
Description
Prime investment opportunity in a high-traffic location! This versatile 6,000+ square foot mixed-use property offers incredible potential for both immediate income and long-term growth. The spacious ground-floor storefront, previously leased as a smoke shop for $2,000/month, is currently vacant and well-suited for a variety of retail or commercial uses. The second floor features two fully renovated apartmentsone 3-bedroom and one 2-bedroomeach updated with new kitchens, modern bathrooms, and new flooring throughout. Both units are independently metered, equipped with new hot water tanks and furnaces, and have dedicated laundry rooms, making them highly desirable to tenants and easy to maintain. Currently, both apartments are leased at $1,400/month, providing steady rental income. The property also includes a large back space with excellent potential for conversion into rentable areas, such as office space, a spa, or additional retail. An attached garage with separate bays offers added income opportunities through parking or storage. Located on a high-visibility street within a desirable school district, this property is ideally positioned for long-term success. With multiple income streams, motivated sellers, and room for future growth, this is an outstanding opportunity for investors seeking solid returns. Don't miss out on this excellent investment opportunity!
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than RPP Team | High Falls Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2025-01-14T17:13:58.67.
Listing information © 2025 CNYIS, GENRIS, WNYREIS. Listing provided by Carol Klein of HUNT Real Estate Corporation : 716-671-3344.